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Potential for cease-fire deal easing concerns of escalation of conflict and possible disruptions to supply - Anadolu Ajansı ...
Oil fell more than 1% on Wednesday, losing ground for a third straight session on hopes of a ceasefire agreement in the Middle East and by rising crude inventories and production in top consumer the ...
Most stock markets in the Gulf were subdued in early trade on Wednesday as oil price fell, though Qatar's index edged up on strong corporate earnings.
(Reuters) -Oil prices fell for a third day on Wednesday amid increasing hopes of a ceasefire agreement in the Middle East and on rising crude inventories and production in the U.S., the world's ...
Brent crude futures for July fell 70 cents, or 0.8%, to $85.63 a barrel by 0456 GMT. U.S. West Texas Intermediate crude for June declined 75 cents, or 0.9%, to $81.18 per barrel.