Oil Holds Steady, on Track for Weekly Fall on US-Iran Talks Stalemate

Oil Prices Head for Weekly Loss as Rising Gulf Exports Offset Iran Tensions

Oil prices fell on Friday and were on track to end a two-week run of gains as traders weighed persistent geopolitical tensions in the Middle ... The post Oil Prices Head for Weekly Loss as Rising Gulf Exports Offset Iran Tensions first appeared on [your]NEWS.

Oil prices today: Crude holds steady, heads for weekly losses as Hormuz flows remain choppy

Oil prices remained largely steady on Friday. Both Brent and WTI benchmarks were set for sharp weekly declines. Stalled US-Iran diplomatic talks and uneven Hormuz crude flows influenced traders. India's MCX crude futures also traded lower on Friday. Market sentiment shifted as economic sanctions replaced military pressure.

Oil holds steady, on track for weekly fall on US-Iran talks stalemate

Both benchmarks were poised to end the week lower, with Brent down 5.1% and WTI falling 4.5%.

Oil drifts lower as Hormuz flows balance slow progress in Iran diplomacy

(Investing) – LONDON – Oil prices fell on Friday and were on track for a weekly drop as traders weighed crude flows making it through the Strait of Hormuz against the deadlock in U.S.-Iran diplomacy. Brent crude futures were down 52 cents or 0.6% at $89.18 a barrel at 1419 GMT. West Texas Intermediate crude futures fell $1.01, or 1.2%, to $82.52. Both benchmarks were poised to end the week lower, with Brent down around 5.5% and WTI falling 5.2%.…

Conflicting Reports on Persian Gulf Oil Flows

CRUDE OIL October Crude Oil was slightly lower early Friday, inside Thursday’s range as the... The post Conflicting Reports on Persian Gulf Oil Flows appeared first on ADMISI.