Oil heads for first weekly gain in three as US-Iran tensions brew - Reuters
Oil heads for first weekly gain in three as US-Iran tensions brew Reuters
Coverage by Political Leaning
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Notable Quotes
""really bad things" would happen if Iran does not come to an agreement regarding a nuclear programme."
— Donald Trump , Politician
"really bad things would happen if Iran does not come to an agreement to curtail its nuclear programme."
— Donald Trump , Politician
"We’re waiting for a potential binary outcome, if we should take Trump’s words at face value."
— Ole Hansen , Executive
"Market focus has clearly shifted to escalating Middle East tensions after the failure of multiple rounds of U.S.-Iran nuclear talks, even as investors debate whether any actual disruption will materialise."
— Priyanka Sachdeva , Other
"Our balances continue to project sizable surpluses later this year."
— Natasha Kaneva , Other
"Our balances continue to project sizable surpluses later this year."
— Lyuba Savinova , Other
"We're caught in between anticipation what's going to happen with the U.S. and Iran and denial an attack's going to happen."
— Phil Flynn , Executive
"We're waiting for a potential binary outcome, if we should take Trump's words at face value."
— Ole Hansen , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Lyuba Savinova is an analyst at JP Morgan.
Natasha Kaneva is an analyst at JP Morgan.
Ole Hansen is the head of commodity strategy at Saxo Bank.
Phil Flynn is a senior analyst with Price Futures Group.
Priyanka Sachdeva is a senior market analyst at Phillip Nova.
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<a href="https://news.google.com/rss/articles/CBMipwFBVV95cUxNeE1ISXVDMmg5YTAxekNsNjJoQzJqS1dMSzJWR3dpeUREblZSWk9ta1ZST0oyU1RMb0hZZDVSTVhfY1I3YVB6V2h0VzNMN1ZLdlNhaTVjRktkQXphQXBqdVFuVEFmY1h6YmxhS2VTcEhXNmVWVVk3aDFXWl94SEFQODZlTG5iME1iS3RwWjRJZXpLUHA0SXF5R3BxVWpXTFpXaEVUeTVvUQ?oc=5" target="_blank">Oil heads for first weekly gain in three as US-Iran tensions brew</a> <font color="#6f6f6f">Reuters</font>
Oil prices hovered near six-month highs on Friday, headed for their first weekly gain in three on growing concerns a conflict may erupt after Washington said Tehran will suffer if it does not agree a deal on its nuclear activity in a matter of days.
Crude oil prices were on course for their first weekly increase after three consecutive weekly losses, following President Trump’s latest threat to Iran that gave the country 10-15 days to make a deal or “really bad things” would happen.
Oil prices rose on Friday, headed for their first weekly gain in three, on growing concerns a conflict may erupt between the U.S. and Iran, after Washington said Tehran will suffer if it does not agree a deal on its nuclear activity in a matter of days.
Oil prices rose on Friday, headed for their first weekly gain in three, on growing concerns a conflict may erupt between the U.S. and Iran, after Washington said Tehran will suffer if it does not agree a deal on its nuclear activity in a matter of days.
Oil prices rose on Friday, headed for their first weekly gain in three, on growing concerns a conflict may erupt between the U.S. and Iran, after Washington said Tehran will suffer if it does not agree a deal on its nuclear activity in a matter of days.
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