By Kiyoshi Takenaka and Katya Golubkova OSAKA (Reuters) – Russian Energy Minister Alexander Novak said on Friday he hoped a meeting of G20 nations in Japan would provide clarity for OPEC and non-OPEC oil producers as they consider whether to extend a deal on cutting crude supplies beyond June. The presidents of the United States […]
By Aaron Sheldrick TOKYO (Reuters) – Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions in the Middle East. Benchmark Brent crude futures were down 34 cents, or 0.5%, at $64.52 a barrel by 0639 GMT. They dropped […]
By Aaron Sheldrick TOKYO (Reuters) – Oil prices climbed around 3% on Thursday amid escalating tensions in the Middle East as a U.S. official said one of the country’s military drones was shot down by an Iranian missile. The drone was downed in international airspace over the Strait of Hormuz by an Iranian surface-to-air missile, […]
By Noah Browning LONDON (Reuters) – Oil prices slipped on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears that were stoked by attacks on oil tankers in the Gulf of Oman last week and sent prices higher. Brent futures fell 25 cents, or 0.4%, to $61.76 a […]
By Tommy Wilkes LONDON (Reuters) – The U.S. dollar rose to a two-week high on Monday after strong economic data last week led investors to reassess whether the Federal Reserve will sound as dovish as expected at this week’s monetary policy meeting. Broader currency markets were quiet, as traders hesitated to put on large positions […]
