You are here: Home » Reuters » News
Business Standard

Oil mixed on supply disruptions; chance of Iran sanctions waivers

Reuters  |  NEW YORK 

By Ayenat MersieNEW YORK (Reuters) - Oil prices were mixed on Tuesday, as price gains on supply concerns in Norway and Libya were tempered by the United States' indication that it would consider requests for waivers from Iranian oil sanctions.Brent crude futures gained 48 cents to $78.55 per barrel by 1:45 p.m. EDT (1745 GMT). Earlier, the global benchmark hit a session high of $79.51.U.S. crude futures were down 7 cents at $73.78, after hitting a high of $74.70.Earlier in the session, prices had been within striking distance of the four-year highs, said Bob Yawger, director of energy ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, July 10 2018. 23:34 IST
RECOMMENDED FOR YOU