Anna Hirtenstein

1 week ago | yahoo.com | Anna Hirtenstein

By Anna HirtensteinLONDON (Reuters) -The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9:40 a.m. shiptracking data appeared to show the massive vessel in Russia, in fields better known for barley and sugar beets. By 4:15 p.m., the ship's erratic signals indicated it was in southern Iran near the town of Bidkhun, before later placing it back and forth across the Gulf.

1 week ago | msn.com | Anna Hirtenstein

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1 week ago | business-standard.com | Anna Hirtenstein

Oil prices edged down on Monday, paring back Friday's 7 per cent surge, as renewed military strikes by Israel and Iran over the weekend left oil production and export facilities unaffected. Brent futures were down 93 cents, or around 1.3 per cent, to $73.30 a barrel by 1307 GMT, while U.S. WTI futures were off 99 cents or nearly 1.4per cent, to $71.99. Both benchmarks jumped more than $4 a barrel in Asian trading before giving back gains.

1 week ago | marketscreener.com | Shariq Khan |Anna Hirtenstein

Published on 06/15/2025 at 18:24, updated on 06/16/2025 at 11:34NEW YORK (Reuters) -Oil prices fell more than $2 per barrel on Monday after reports that Iran is seeking an end to hostilities with Israel, raising the possibility of a truce and easing fears of a disruption to crude supplies from the region. Brent crude futures fell $2.65, or 2.7%, to $71.58 a barrel by 11:05 a.m. ET (1506 GMT). U.S. West Texas Intermediate crude futures fell $2.71, or 3.7%, to $70.27 per barrel.

1 week ago | marketscreener.com | Anna Hirtenstein

Published on 06/15/2025 at 18:24, updated on 06/16/2025 at 04:34LONDON (Reuters) -Oil prices were volatile on Monday, after surging 7% on Friday, as renewed military strikes by Israel and Iran over the weekend increased concerns that the conflict could widen and significantly disrupt oil exports from the Middle East. Brent and West Texas Intermediate crude futures both surged by more than $4 a barrel before giving back gains.