ADVERTISEMENT
  • Privacy-Policy
  • Disclaimer
  • Contact Us
No Result
View All Result
Subscribe
news24extra
Sunday, August 14, 2022
  • Home
  • News
  • Politics
  • Business
  • Technology
  • World
  • Articles
  • Sport
news24extra
  • Home
  • News
  • Politics
  • Business
  • Technology
  • World
  • Articles
  • Sport
No Result
View All Result
news24extra
No Result
View All Result

Oil prices down with lost gains after Trump’s comments

'Iran appears to be standing down,' US president says

by AA
January 9, 2020
in Business, News, World
0
1.9k
VIEWS
Share on FacebookShare on Twitter

Crude oil prices were down Thursday having lost gains recorded in the previous sessions after U.S. President Donald Trump’s comments to calm tensions in the Middle East.

“Iran appears to be standing down, which is a good thing for all parties concerned,” Trump said Wednesday amid Iran’s attack on two locations in Iraq earlier in the day.

ADVERTISEMENT

“No Americans were harmed in last night’s attack by the Iranian regime,” he added.

The President did not signal any additional U.S. military action following Wednesday’s strikes, but said his administration would impose additional “punishing” sanctions on Iran while Washington “evaluates options in response to Iranian aggression.”

With rising tensions between the U.S. and Iran, Brent crude rose to as high as $71.13 per barrel, surpassing the key threshold of $70 a barrel for the second time this week. American benchmark West Texas Intermediate (WTI) also rose to as much as $65.65 per barrel.

After Trump’s comments, Brent crude fell 3.6% to close Wednesday at $65.81 a barrel. The international benchmark was trading at $65.55 per barrel at 0700 GMT on Thursday for a 0.39% decline for the day.

WTI decreased 4.4% on Wednesday to end the session at $59.94 per barrel. It was trading at $59.72 a barrel at the same time for a 0.37% daily loss on Thursday.

ADVERTISEMENT

Related Posts

Iran: At least 19 killed in explosion at clinic in Tehran

Iran: At least 19 killed in explosion at clinic in Tehran

July 1, 2020
18-year-old Iranian woman burned to death by brother for marrying older man: Reports

18-year-old Iranian woman burned to death by brother for marrying older man: Reports

May 28, 2020
Trump says US halting funding to WHO amid pandemic

Trump threatens to close down social media platforms

May 27, 2020
Iran to resume low-risk economic activities from April 11 amid coronavirus

Iran to resume low-risk economic activities from April 11 amid coronavirus

April 5, 2020

Latest

Fear grips Kaduna community as mystery gang kills girls

Banky W’s EME, Mohits, refused to sign me – Tiwa Savage

Strange illness hits Benue community leaves 17 dead, many hospitalized 

PKK terrorist surrenders near Syrian border

Mali ex-president Amadou Toure is dead

Sanwo-Olu moves to abolish pension for ex-govs, deputies in Lagos

  • Home
  • Contact Us
  • Privacy & Policy
  • Other Links

Copyright © 2019 News24Extra

No Result
View All Result
  • Contact Us
  • Homepages
    • Home 1
  • World
  • Business
  • Articles

Copyright © 2019 News24Extra

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In