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Tensions in Middle East hoist oil prices to largest weekly gain for months

Oil prices were on track to jump more than 7% this week, their biggest weekly rise in months, as early trading on Friday saw gains extended on fresh Middle East tensions. David Pollard reports......»»

Category: videoSource: reutersSep 20th, 2019

Oil heads for weekly gain of more than 7% after Saudi attacks

Oil prices rose about 1% on Friday, with Brent set for its biggest weekly gain since January, lifted by rising Middle East tensions and supply concerns after an attack on Saudi Arabia's energy industry last weekend......»»

Category: topSource: reutersSep 20th, 2019

Oil heads for 7% weekly gain after Saudi attacks

Oil prices were on track for their biggest weekly jump since January, lifted by rising Middle East tensions after a key Saudi Arabian supply hub was knocked out by an attack last weekend......»»

Category: topSource: reutersSep 20th, 2019

Oil prices firm on tropical storm and geopolitical tensions

Oil prices edged higher on Friday and were on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East......»»

Category: topSource: reutersJul 12th, 2019

Futures Movers: Oil prices head for weekly gain, fueled by Iran tensions

Oil futures resumed their march higher Friday, adding to a nearly 5% weekly jump, as tensions persisted in the Middle East and investors kept tabs on a Gulf of Mexico storm that some analysts said was already priced in......»»

Category: topSource: marketwatchJul 12th, 2019

Oil prices edge up on tropical storm and geopolitical tensions

Oil prices inched higher on Friday and were on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East......»»

Category: topSource: reutersJul 12th, 2019

Oil prices climb on tropical storm and geopolitical tensions

Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East......»»

Category: topSource: reutersJul 12th, 2019

Oil lingers near six-week highs amid Gulf of Mexico storm, Middle East tensions

Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East......»»

Category: topSource: reutersJul 12th, 2019

Oil Pares Advance as Trump U-Turns on Retaliatory Iran Strike

Brent oil pared its biggest weekly gain in four months after President Donald Trump pulled back from retaliatory strikes on Iran for downing a U.S. drone as tensions flare in the Middle East......»»

Category: topSource: moneycentralJun 21st, 2019

Oil slips, but still propelled to gain for week as Mideast tensions grow

Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 21st, 2019

Oil prices dip, still set for weekly gains amid Mideast tensions, rate cut hopes

Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 21st, 2019

Oil Set for Weekly Gain as Mideast Tensions Simmer After Attacks

Brent oil is set for its biggest weekly gain in four months as tensions flared in the Middle East after Iran shot down a U.S. Navy drone, provoking the Trump Administration to consider a retaliatory strike......»»

Category: topSource: moneycentralJun 21st, 2019

Oil prices extend gains amid Middle East tensions, rate cut hopes

Oil prices rose on Friday, with Brent crude heading for its first weekly gain in five weeks on tensions in the Middle East after Iran shot down a U.S. military drone and on hopes for a drop in U.S. interest rates that may stimulate global growth......»»

Category: topSource: reutersJun 20th, 2019

Oil set for weekly gain on threat of Mideast supply disruptions

Oil prices steadied on Friday, with both benchmarks on track for a weekly gain on rising concerns over potential further supply disruptions in Middle East shipments due to U.S.-Iran political tensions......»»

Category: topSource: reutersMay 17th, 2019

Futures Movers: Oil heads for a more than 2% weekly gain with OPEC committee set to meet

Oil futures are mixed Friday, with U.S. prices up a fourth straight session, on track for a weekly gain of more than 2%, as any potential demand worries tied to stock-market volatility were offset by supply concerns linked to Middle East tensions......»»

Category: topSource: marketwatchMay 17th, 2019

Metals Stocks: Gold’s slide puts prices on pace for longest skid in more than 2 months

Gold futures are trading lower Friday, heading for the longest losing skid in more than two months after the monthly U.S. employment report which helped to solidify a rally in equities and away from so-called havens as Middle East tensions dissipate......»»

Category: topSource: marketwatchJan 10th, 2020

Futures Movers: Middle East tensions boost oil prices to multimonth peak

Oil prices end higher on Monday, with U.S. benchmark prices for crude at their highest in eight months in the wake of last week’s killing of Iranian Gen. Qassem Soleimani in a U.S. drone strike, which ratcheted up Middle East tensions......»»

Category: topSource: marketwatchJan 6th, 2020

Futures Movers: Middle East tensions boost oil prices to multimonth peak; Brent touches $70 a barrel

Oil prices add to gains on Monday, with the benchmarks for crude touching their highest levels in at least 7 months in the wake of last week’s killing of Iranian Gen. Qassem Soleimani in a U.S. drone strike, which ratcheted up Middle East tensions......»»

Category: topSource: marketwatchJan 6th, 2020

Futures Movers: Oil prices notch a gain as traders eye Middle East tensions, China adds to stimulus

Oil futures started 2020 with a modest gain on Thursday, as traders eyed developments in the .....»»

Category: topSource: marketwatchJan 2nd, 2020

Futures Movers: Oil up nearly 4% for week on reported progress in U.S.-China trade talks, rise in Middle East tensions

Oil prices climb Friday to tally a gain of nearly 4% for the week as reported progress in U.S.-China trade negotiations eased worries about energy demand, and as news of an explosion on an Iranian tanker fed tensions in the Middle East......»»

Category: topSource: marketwatchOct 11th, 2019

Oil gains more than 1% on Saudi supply doubts, Mideast tensions

Oil prices rose more than 1% on Monday on doubts over how fast Saudi Arabia can bring back its full crude output after an attack earlier this month on its largest processing facility and as tensions in the Middle East remained at high levels......»»

Category: topSource: reutersSep 23rd, 2019