Week in Review – WTI Is on Track for a $7 Weekly Gain on Falling Iranian Exports and Strait of Hormuz Risks - Mansfield Energy
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برس بيOil prices rose at the close on Friday, ending the week with strong gains. Brent crude futures rose 76 cents, or 0.8%, to settle at $92.68 a barrel, while U.S. West Texas Intermediate (WTI) crude futures gained 18 cents, or 0.2%, to $91.48 a barrel. For the week, Brent climbed 7.6%, while WTI rose nearly 10%.
Oil prices rose on September 4, ending the week significantly higher after the United States and Iran resumed trading blows in their seventh month of conflict, disrupting Middle East oil supply routes. Brent crude futures for November delivery ended the week at […]
Oil prices fell on Friday but remained on track for strong weekly gains as renewed military hostilities between the United States and Iran raised concerns that disruptions to energy flows through the Strait of Hormuz could continue.
Week in Review – WTI Is on Track for a $7 Weekly Gain on Falling Iranian Exports and Strait of Hormuz Risks - Mansfield Energy
Oil prices were slightly lower Friday morning, but that small decline does little to change the bigger picture for the week. Prompt WTI futures were down about $0.48 per barrel in early trading while remaining on track to finish roughly $7 per barrel higher week over week. Iran has continued targeting vessels transiting the Strait of
Oil prices fell below $95 a barrel on international markets on Friday, but remained on track for a weekly rise as the conflict between the US and Iran continued and disrupted supplies from the Middle East, while diesel prices in the US reached record levels.
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