Oil fluctuates as market focuses on US-Iran talks

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 61%

Belgique Nouvelles Nouvelles

Both Brent and WTI rose more than $2 on Friday, extending their rally into a seventh week on ongoing worries about supply disruptions fuelled by political turmoil among major world producers.

Brent crude was up 20 cents, or 0.2%, at $93.47 a barrel this morning, after touching its highest since October 3, 2014 of $94.00 earlier. It slid to as low as $92.47 in an earlier trade.

Both benchmarks rose more than $2 on Friday, extending their rally into a seventh week on ongoing worries about supply disruptions fuelled by political turmoil among major world producers. The Organization of the Petroleum Exporting Countries and allies led by Russia, together known as OPEC+, are struggling to meet targets despite pressure from top consumers to raise production more quickly.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 16. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Investors preparte for turbulence in US corporate bond marketSurge in trading of credit default swaps points to ‘nervousness’ that equity sell-off will spill into fixed income
La source: IrishTimesBiz - 🏆 6. / 77 Lire la suite »