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2 Tankers Damaged After Torpedo Attack Near Strait Of Hormuz; Oil Soars

Update 3: Managers at the companies that own the tankers have weighed in on Thursday's attacks. The manager o.....»»

Category: blogSource: zerohedgeJun 13th, 2019

2 Tankers Damaged After Suspected Torpedo Attack Near Strait Of Hormuz; Oil Soars

Update: The F.....»»

Category: blogSource: zerohedgeJun 13th, 2019

Futures Movers: Middle East tensions lift oil, but weaker demand prospects push prices down for the week

Crude-oil futures settle higher on Friday, a day after an attack on two tankers in the Strait of Hormuz triggered concerns about disruptions to the global flow of oil. Despite a rally on Thursday, however, prices suffer a loss for the week......»»

Category: topSource: marketwatchJun 14th, 2019

Futures Movers: Oil climbs as Strait of Hormuz stays in focus, but weaker demand prospects push prices lower for the week

Crude oil futures climb on Friday, a day after an attack on two tankers in the Strait of Hormuz triggered concerns about disruptions to the global flow of oil. Despite a rally on Thursday, however, prices face losses for the week......»»

Category: topSource: marketwatchJun 14th, 2019

Futures Movers: Oil prices slip as IEA predicts weak demand; Strait of Hormuz stays in focus

Oil prices slipped Friday, facing losses for the week. Geopolitical tensions remain elevated a day after an attack on two tankers in the Strait of Hormuz triggered concerns about disruptions to the global flow of the commodity......»»

Category: topSource: marketwatchJun 14th, 2019

Escalation in Mideast oil attacks could add $7 per barrel to price

The second attack on tankers near the Strait of Hormuz in roughly a month has heightened concerns about oil security in the region and tensions between the U.S. and Iran......»»

Category: topSource: moneycentralJun 13th, 2019

Escalation in Mideast oil attacks could add $7 per barrel to price

The second attack on tankers near the Strait of Hormuz in roughly a month has heightened concerns about oil security in the region and tensions between the U.S. and Iran......»»

Category: topSource: moneycentralJun 13th, 2019

Futures Movers: Oil rallies after apparent attack on tankers near Strait of Hormuz, but finises off session high

Oil futures rally Thursday, as an apparent attack on two oil tankers near the Strait of Hormuz, raises concerns over the global flow of oil, but prices fail to recoup their losses from a day earlier, when they settled at their lowest in five months......»»

Category: topSource: marketwatchJun 13th, 2019

Commodities Corner: Escalation in Mideast oil attacks could add $7 per barrel to price

The second attack on tankers near the Strait of Hormuz in roughly a month has heightened concerns about oil security in the region and tensions between the U.S. and Iran......»»

Category: topSource: marketwatchJun 13th, 2019

Market Extra: Strait of Hormuz: Attack on oil tankers puts crucial transport ‘choke point’ in focus

The Strait of Hormuz is in focus Thursday after attacks on two oil tankers near the Middle Eastern waterway amid heightened tensions between the U.S. and Iran. Here’s why it’s the world’s most sensitive crude transportation checkpoint......»»

Category: topSource: marketwatchJun 13th, 2019

Surge in price of oil pushes energy stocks, market higher

U.S. stocks edged higher in early trading Thursday on Wall Street as a spike in oil prices boosted energy stocks following a suspected attack on two oil tankers in the strategic Strait of Hormuz......»»

Category: topSource: foxnewsJun 13th, 2019

Futures Movers: Oil prices surge after apparent attack on two tankers near Strait of Hormuz

Gains for oil Thursday were in contrast to a weak session a day earlier when prices settled at their lowest in five months. Reports of fresh tension in the Gulf of Oman were driving prices higher Thursday......»»

Category: topSource: marketwatchJun 13th, 2019

Market Extra: Strait of Hormuz: Oil choke point in focus after suspected attack on tankers

The Strait of Hormuz is in focus Thursday after attacks on two oil tankers near the Middle Eastern waterway amid heightened tensions between the U.S. and Iran. Here’s why it’s the world’s most sensitive crude transportation checkpoint......»»

Category: topSource: marketwatchJun 13th, 2019

Ships operating in Gulf region urged to take extreme caution

Governments and maritime agencies urged an abundance of caution Thursday for ships operating in the Persian Gulf region after two oil tankers were damaged in suspected attacks near the strategic Strait of Hormuz......»»

Category: topSource: foxnewsJun 13th, 2019

Spanish Frigate Peels Off From US Carrier Group Over Iran Conflict Fears

With things fast heating up in the Persian Gulf, including a recent US military build-up and the hasty blaming of Iran for a mysterious "sabotage" attack on oil tankers near the Strait of Hormuz, will international powers begin draw.....»»

Category: blogSource: zerohedgeMay 15th, 2019

Saudi Arabia Says Oil Tankers Damaged in ‘Sabotage Attack’ as Middle East Tensions Rise

The Strait of Hormuz is the world's key oil choke point. Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persia.....»»

Category: europeSource: fortuneMay 13th, 2019

Saudi Arabia Says Oil Tankers Damaged In “Sabotage Attack” as Middle East Tensions Rise

The Strait of Hormuz is the world's key oil choke point. Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persia.....»»

Category: europeSource: fortuneMay 13th, 2019

Futures Movers: Oil prices climb after Saudis say attacks damaged tankers

Oil prices climbed Monday after Saudi Arabia said two of its oil tankers were attacked near the Strait of Hormuz over the weekend......»»

Category: topSource: marketwatchMay 13th, 2019

U.S. oil prices settle higher for the session, down for the week

U.S. oil futures scored back-to-back session gains on Friday, as attacks on oil tankers near the Strait of Hormuz a day earlier raised risks to the glob.....»»

Category: topSource: marketwatchJun 14th, 2019

Market Extra: Strait of Hormuz: Oil ‘choke point’ in focus as U.S.-Iran tensions rise following attacks on tankers

The Strait of Hormuz is in focus Thursday after attacks on two oil tankers near the Middle Eastern waterway amid heightened tensions between the U.S. and Iran. Here’s why it’s the world’s most sensitive crude transportation checkpoint......»»

Category: topSource: marketwatchJun 14th, 2019

Asian shares mixed over concerns about oil tankers, trade

Asian shares were mixed Friday as investors weighed a variety of factors, including alleged attacks on two tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China......»»

Category: topSource: foxnewsJun 14th, 2019