(BOE Report) – U.S. oil exports in July fell to 3.66 million barrels per day, the lowest level in eight months, ship tracking data showed, as a short-lived peace deal between the U.S. and Iran in June briefly flooded markets with Middle Eastern oil and diminished demand for American crude abroad. The U.S. had cinched the spot as the world’s
(BOE Report) – Oil prices slipped to their lowest since March on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz. Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel by 0004 GMT and U.S. West
(Investing) – Oil prices pared losses on Thursday, as traders awaited Iran’s response to a new peace proposal that would end its war with the U.S. Mixed messaging from Tehran, along with a new push to control the Strait of Hormuz, also kept investors on edge. At 12:52 ET (16:52 GMT), Brent crude futures expiring in July, the global oil benchmark, fell 0.4%
(Investing) – European natural gas prices retreated on Thursday, as investors kept tabs on ongoing efforts to forge a deal to end the Iran war. By 08:04 ET (12:04 GMT), the benchmark Dutch front-month contract at the TTF hub had edged down by 0.2% to 43.82 euros per megawatt hour, according to ICE data. The British front-month contract also fell by 0.4%
(BOE Report)– The United States is preparing a further round of sanctions on Russia’s energy sector to increase the pressure on Moscow should President Vladimir Putin reject a peace deal with Ukraine, Bloomberg News reported on Wednesday, citing people familiar with the matter. The U.S. is considering options such as targeting vessels in Russia’s so-called shadow fleet of tankers used
(Investing) – Oil prices traded in a steady manner Wednesday, stabilizing after the previous session’s sharp losses, as investors weighed a smaller-than-expected draw in U.S. crude inventories and growing signs of progress toward a potential Russia-Ukraine peace framework. At 04:15 ET (09:15 GMT), Brent Oil Futures expiring in January edged up 0.1% to $61.83 per barrel and West Texas Intermediate (WTI) crude futures slipped 0.2%
(Investing)– Ukraine has agreed to the terms of a potential peace deal with the United States, according to a U.S. official who spoke to ABC News on Tuesday. “The Ukrainians have agreed to the peace deal,” the official said. “There are some minor details to be sorted out but they have agreed to a peace deal.” The peace plan presented
Investing – LONDON -Oil prices fell on Friday, extending declines for a third session as the United States pushed for a Russia-Ukraine peace deal that could swell global supply while uncertainty over interest rates curbed investors’ risk appetite. Brent crude futures dropped by $1, or around 1.6%, to $39 a barrel by 1417 GMT. U.S. West Texas Intermediate crude (CLc1) was down
