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Oil prices hovered around a seven-month high on Wednesday as the threat of a military conflict between the US and Iran that could disrupt supply continues to worry investors even as talks between the sides are scheduled for Thursday. Brent futures were trading at $71.22 a barrel, up 45 cents, or 0.64%, at 0140 GMT. […]
Oil prices rose slightly on Tuesday as increased concerns about Iran and possible supply disruptions outweighed the prospect of increased supplies of crude from Venezuela. Brent futures rose 28 cents, or 0.4%, to $64.15 a barrel by 0101 GMT, hovering around a two-month high hit in the previous session. U.S. West Texas Intermediate crude rose […]
