Oil prices rose as high as $60.65 a barrel on Friday after Iranian media said a ...
LONDON - Oil prices rose as high as $60.65 a barrel on Friday after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, but bearish oil demand forecasts soon pulled crude off session highs.
Both oil benchmarks recorded their biggest daily rise since Sept. 16, the first trading day after the attacks on Saudi installations knocked out more than half of the kingdom’s crude output and temporarily pushed oil prices up by about 20%.U.S. West Texas Intermediate crude CLc1 futures rose 95 cents to $54.50 .
“In terms of oil prices, the impact is limited unless you think Iran is going to retaliate in the Strait of Hormuz ... It’s going to be more supportive in the freight market. Potentially it can increase insurance premiums .”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Explosion sets ablaze Iranian oil tanker near Saudi port: Iranian state mediaAn explosion set ablaze an Iranian oil tanker off the Saudi port city of Jeddah, Iranian state media reported, adding that experts suspected it was a ‘terrorist attack.’ More here:
Weiterlesen »
Oil Prices Jump After Iranian Oil Tanker Attacked 60 Miles Off Saudi CoastThe National Iranian Oil Company, which owns the tanker, says the vessel was likely hit by missiles, according to several reports.
Weiterlesen »
An Iranian oil tanker was reportedly hit by missiles close to the coast of Saudi ArabiaAccording to state news agency IRNA, the tanker, named as the SABITY, was hit while sailing about 60 miles from the Saudi Arabian port city of Jeddah.
Weiterlesen »
Following Saudi Oil Attack, Aramco Pushes Ahead With IPO Plans and Restoring Oil ProductionFollowing Saudi oil attack, Aramco is working ahead to restore full production by skleb1234
Weiterlesen »
Oil rises on hopes for deeper OPEC output cuts, U.S.-China trade talksOil prices climbed early on Friday, building on gains in the previous session, a...
Weiterlesen »