$3 Jump in Oil Prices Following President's Declaration on Iran - Oklahoma Energy Today
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13 Articles
This development occurred after Donald Trump claimed that the US did not need a peace agreement with Iran to end the war.
(New York = Yonhap News) Correspondent Kim Yeon-sook = International oil prices surged on the 12th (local time) as expectations for negotiations between the U.S. and Iran were dashed.
Oil prices closed up on Thursday, pulled up by Donald Trump's comments, who assured him that he did not "need an agreement" with Tehran, against the backdrop of persistent tensions between Yemen's pro-Iranian Houthis and Saudi Arabia. ...
Future oil contracts closed this Thursday (12) at a standstill, while the market seems to lose, gradually, optimism about the possibility of an agreement between the United States and Iran, especially after US President Donald Trump said that Washington could give up a compromise with Tehran. Brent oil with delivery for January rose 3.30%, quoted at $95.82 per barrel at ICE. WTI for January advanced 2.55%, quoted at $88.74 per barrel at Nymex. "…
Brent crude futures climb 1.1% to $93.80 per barrel and WTI gains 0.55% to $87, while European gas surges 6.7%
Brent Oil Rises: European crude oil closed at US$95.82 per barrel after Donald Trump ruled out the need for a deal with Tehran.
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