Oil Poised for 10% Weekly Gain as Russia Waiver Fails to Calm Iran War Fears

Oil prices headed for weekly gains as of Friday, despite the U.S. trying to ease supply concerns by issuing a 30-day license for countries to buy Russian oil and petroleum products stranded at sea.Brent futures for May rose $1.02, or 1%, to $101.48 a barrel at 0730 GMT, heading f

Read More

  • Related Posts

    Gold Hovers Near 7-Month Low On Firm Treasury Yields, Fed Rate Outlook

    Gold fell 1% on Wednesday, hovering near a seven-month low hit in the previous session, pressured by higher Treasury yields, while fading prospects of a permanent U.S.-Iran peace deal kept concerns over inflation and Federal Reserve rate hikes elevated.Spot gold was down 1% at $3 Read More

    US Removes These 4 Indian Firms From Russia-Linked Sanctions List

    The United States has dropped four Indian companies from its Russia-linked sanctions list, as per an update issued by the UA Department of the Treasury’s Office of Foreign Assets Control (OFAC).The companies removed from OFAC’s Specially Designated Nationals (SDN) List are RRG En Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *