Oil is being propped up by Mideast tensions after the US used video to blame Iran for tanker attacks
|06/14/2019||Posted by BusinessMediaguide.Com under General World News||
- Oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.
- Thursday’s attacks on two oil tankers raise the prospect of a US-Iran military showdown, experts warn.
- Broadcom shares are trading down 8.7% in US premarket after warning of a demand slowdown from the US-China trade war.
- Watch WTI and Brent crude trade live
After sinking to a five-month low and surging almost 5% in the same week, oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.
After crude prices slipped read more >>>