Oil Prices Edge Lower, While Asian Shares Rise, Tracking Wall Street Gains – WTOP News
Brent crude fell 0.4% to $95.26 a barrel as the S&P 500 rose 0.5% and major Asian indexes advanced on Wall Street gains.
- On Thursday, Asian shares advanced following Wednesday's gains on Wall Street, with Tokyo's Nikkei 225 adding 0.2%, South Korea's Kospi rising 1.4%, and Australia's ASX 200 gaining 0.5%.
- Investors welcomed encouraging signals about artificial intelligence demand from Dell Technologies and Palo Alto Networks, with Dell Technologies surging 15.8% following strong quarterly profits.
- Oil prices slipped Thursday, with Brent crude falling 0.4% to $95.26 and Benchmark U.S. crude shedding 0.1% to $90.84, while the 10-year Treasury yield fell to 4.77%.
- President Donald Trump said Wednesday he does not expect the Iran bombing campaign to last "much longer," as the Japanese currency strengthened against the dollar earlier in the week.
- The U.S. is set to release an employment report for August on Friday, with markets awaiting the data as the euro traded at $1.1598.
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Oil prices have fallen slightly after the sudden fluctuations the previous day, and investors estimate the risk of a new escalation between the US and Iran, which could affect the supply of raw materials from the region.
<p>Oil fell amid uncertainty surrounding US and Iran strikes Brent fell to $95.04, WTI to $90.63 per barrel. Investors assess the risks of supply disruptions through the Strait of Hormuz.</p>
Oil prices edge lower, while Asian shares rise, tracking Wall Street gains - Regional Media News
HONG KONG (AP) - Oil prices slipped Thursday after recent gains, with Brent crude trading near $95 a barrel, while Asian shares advanced. U.S. futures edged higher. Renewed fighting between the U.S. and Iran pushed oil prices sharply higher earlier in the week. U.S. President [...]
Oil prices edge lower, while Asian shares rise, tracking Wall Street gains – WTOP News
HONG KONG (AP) — Oil prices slipped Thursday after recent gains, with Brent crude trading near $95 a barrel, while Asian shares advanced. U.S. futures edged higher. Renewed fighting between the U.S. and Iran pushed oil prices sharply higher earlier in the week. U.S. President Donald Trump said Wednesday he doesn’t expect the U.S. bombing...
Oil prices edge lower, while Asian shares rise, tracking Wall Street g
HONG KONG (AP) — Oil prices slipped Thursday after recent gains, with Brent crude trading near $95 a barrel, while Asian shares advanced. U.S. futures edged higher. Renewed fighting between the U.S. and Iran pushed oil prices
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