Oil prices added to recent gains on Monday, with Brent nearly at $70 a barrel as...
FILE PHOTO: Grandpuits oil refinery southeast of Paris, France, February 29, 2016. REUTERS/Christian Hartmann/File Photo
Brent crude futures LCOc1 rose to a high of $69.95 a barrel and were at $69.65 a barrel at 0016 GMT, up $1.05, or 1.5%, from Friday’s settlement. Oil prices jumped more than 3% on Friday after the United States killed a top Iranian commander in an air strike on Baghdad airport. U.S. President Donald Trump on Sunday threatened “major retaliation” against Iran if Tehran were to retaliate for the killing.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Loose Women's Ruth Langsford reveals she uses Argan oil to achieve her glossy hairLoose Women panellist Ruth Langsford shared how she gives her chic blonde bob its glossy shine with her Instagram followers, and you can copy her for just £12.99.
Read more »
Gold, oil surge in Asia as U.S., Iran exchange threatsAsian share markets looked to be heading into turbulence on Monday as a flare-up...
Read more »
Belarus's Belneftekhim agrees first Russian oil delivery this yearBelarusian state energy firm Belneftekhim said on Saturday that Belarus and Russ...
Read more »
Russia resumes limited oil supplies to Belarus amid talksBelarus has reached an agreement with Russia for limited oil supplies after Moscow stopped supplying crude amid stalled talks on strengthening economic ties between the neighboring countries.
Read more »
Strait of Hormuz, the world’s biggest oil chokepoint, in focus as U.S.-Iran tensions flareThe threat of an escalating conflict between the U.S. and Iran puts the Strait of Hormuz, a narrow waterway through which a fifth of the world’s petroleum...
Read more »
U.S. shale producer shares spike with oil prices but rise seen as fleetingShares of U.S. shale producers climbed on Friday as Middle East tensions boosted...
Read more »