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Oil steadies after US threatens to blockade Iran indefinitely

Oil steadies after US threatens to blockade Iran indefinitely

By Helen Clark PERTH, Aug 14 (Reuters) - Oil prices inched higher on Friday after the U.S. threatened to maintain a naval blockade of Iran indefinitely, reviving crude supply concerns, after prices fell in the previous session on a weaker global demand outlook.

Oil falls more than 3% on weaker global demand outlook and US crude buildup

Oil falls more than 3% on weaker global demand outlook and US crude buildup

By Siddharth Cavale and Enes Tunagur NEW YORK, Aug 13 (Reuters) - Oil prices fell more than 3% on Thursday as investors focused on signs of weaker global demand and rising U.S. crude stocks, though prices drew some support from stalled talks over the blockaded Strait of Hormuz.

Oil settles down 2% on weak demand outlook, hefty US crude build

Oil settles down 2% on weak demand outlook, hefty US crude build

By Siddharth Cavale NEW YORK, Aug 13 (Reuters) - Oil settled down more than 2% on Thursday, reversing course after a week of gains, as investors focused on signs of weaker global demand and a sharp build in U.S. crude inventories.

US eyes indefinite Iran naval blockade as oil supply shortfall deepens

US eyes indefinite Iran naval blockade as oil supply shortfall deepens

By Phil Stewart and Idrees Ali PANAMA CITY, Aug 13 (Reuters) - The United States on Thursday threatened to maintain a naval blockade of Iran indefinitely, ratcheting up economic pressure on Tehran as ceasefire talks have floundered, global oil supply is dropping and regional tensions are rising.

Oil slips on weaker demand outlook and higher US stocks amid supply disruptions

Oil slips on weaker demand outlook and higher US stocks amid supply disruptions

By Enes Tunagur LONDON, Aug 13 (Reuters) - Oil prices declined on Thursday as investors assessed prospects for weaker global demand this year and higher U.S. crude stocks, while prices found support from a lack of progress in talks over the blockaded Strait of Hormuz and disruptions to supply.

Oil falls on weaker demand outlook and higher US stocks

Oil falls on weaker demand outlook and higher US stocks

By Enes Tunagur LONDON, Aug 13 (Reuters) - Oil prices declined on Thursday as investors assessed prospects for weaker global demand this year and higher U.S. crude stocks, though prices found support from a lack of progress in talks over the blockaded Strait of Hormuz and disruptions to supply.

Oil markets look calm on top, but underneath shows a big toll

Oil markets look calm on top, but underneath shows a big toll

It was a nice lull in gasoline prices, wasn't it? Alas, a deal between the United States and Iran to reopen the Strait of Hormuz fell apart yet again, and oil prices turned up more than $5 a barrel and have pulled up U.S. pump prices as well. Nationally, the average U.S. price of gasoline was above ...

Oil prices settle up as Iran says Strait of Hormuz to stay shut

Oil prices settle up as Iran says Strait of Hormuz to stay shut

By Scott DiSavino Aug 11 (Reuters) - Oil prices edged up to a one-week high on Tuesday as doubts about a potential U.S.-Iran peace deal fueled concerns that Middle East supply disruptions would persist. Brent futures rose $1.19, or 1.4%, to settle at $88.91 a barrel, while U.S.

Oil hits new one-week high as supply disruptions outweigh Strait of Hormuz talks

Oil hits new one-week high as supply disruptions outweigh Strait of Hormuz talks

By Scott DiSavino Aug 11 (Reuters) - Oil prices edged up to a fresh one-week high on Tuesday as the market focused more on supply disruptions in the Middle East and Russia than on signs of progress in talks between Oman and Iran over shipping through the Strait of Hormuz.

Oil rises as Iran and US trade demands for reopening Strait of Hormuz

Oil rises as Iran and US trade demands for reopening Strait of Hormuz

By Ishaan Arora Aug 11 (Reuters) - Oil prices rose more than 1% on Tuesday as hopes for a U.S.-Iran deal to end the war and reopen the Strait of Hormuz faded after President Donald Trump demanded compensation for damages from Tehran.

Oil climbs 2%, extending gains on dimming U.S.-Iran peace hopes

Oil climbs 2%, extending gains on dimming U.S.-Iran peace hopes

By Anushree Mukherjee Aug 11 (Reuters) - Oil prices rose more than 2% on Tuesday to their highest in more than a week as ongoing disruption to Middle East energy flows and fading hopes for a U.S.-Iran peace deal heightened concern over global oil supplies.

Oil pares gains as traders weigh Oman-Iran talks

Oil pares gains as traders weigh Oman-Iran talks

By Anushree Mukherjee Aug 11 (Reuters) - Oil prices pared gains on Tuesday after hitting their highest for more than a week as signs of progress in talks between Oman and Iran over shipping through the Strait of Hormuz were weighed against ongoing disruption to Middle East energy flows.