Crude oil prices sank on Wednesday as anxiety over a potential war between the U.S. and Iran faded after reports indicated no Americans were killed during missiles launch by Iran at American bases in Iraq. Moreover, President Donald Trump said Iran seems to have pulled back from its threats.
read more... 09/01/2020
Crude oil prices fell about 1% on Tuesday, recording the first decline in four sessions, dragged down by reduced fears of an eventual crude supply disruption in the Middle East after the U.S. killed an Iranian general last Friday.
read more... 08/01/2020
Crude oil price extended gains on Monday as tensions erupted following Soleimani's killing on Friday, with Tehran and Washington exchanging strike threats. Brent crude for March delivery rose above $70 a barrel at one point, but settled only 0.5% higher at $68.91 a barrel. U.S. WTI crude for February delivery gained 22 cents to close at $63.27 a barrel.
read more... 07/01/2020
Crude oil prices surged on Friday, hitting the highest level since September 2019 after a U.S. military strike killed General Qassem Soleimani, head of Iran’s elite Quds Force, increasing concerns about a crude oil disruption.
read more... 06/01/2020
Crude oil prices posted modest gains on Thursday on escalating tensions in the Middle East and signs that the initial trade deal with China at the White House will be inked this month. Nevertheless, a stronger U.S. dollar limited the gains.
read more... 03/01/2020