Oil markets were strong again on Tuesday, with Brent crude holding above $85 and near four-year highs reached the previous day as markets prepare for tighter supply once US sanctions against Iran kick in next month.
LONDON (Reuters) - Brent crude oil hovered close to its highest since November 2014 on Monday, supported by supply concerns before U.S. sanctions against Iran come into force next month.
NEW YORK (Reuters) - The U.S. dollar held near a one-week high against a basket of major currencies on Thursday following an interest rise by the Federal Reserve on Wednesday, while robust economic growth and a rally in the shares of Apple Inc and Amazon.com Inc boosted the U.S. stock market.
BEIJING (Reuters) - Oil prices inched up on Friday, with investors trying to gauge the potential impact on supply from looming U.S. sanctions on Iran’s crude exports.
TOKYO (Reuters) - Asian shares barely budged on Wednesday, lacking traction as U.S. bond yields edged near a seven-year peak ahead of a widely expected rate hike by the Federal Reserve and as international oil prices rose to four-year highs.
TOKYO (Reuters) - Brent oil edged further away from a four-year high on Wednesday and U.S. crude fell, after the U.S. said it would ensure crude markets are well supplied before sanctions are re-imposed on Iran and as President Donald Trump criticized high prices.