Arab Today, arab today oil prices fall before us stockpiles data
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Oil prices fall before US stockpiles data

Arab Today, arab today

Arab Today, arab today Oil prices fall before US stockpiles data

London - AFP

Oil prices fell on Wednesday as the market awaited energy inventory data for clues of demand in the United States, the world\'s biggest oil consuming nation. New York\'s main contract, West Texas Intermediate crude for delivery in March, dropped 57 cents to $98.38 a barrel in the afternoon. Brent North Sea crude for March slipped 28 cents to $109.75 in London midday deals. Traders were awaiting data from the US Department of Energy due at 1530 GMT that is expected to reveal that crude stockpiles rose last week in the United States. The market was also tracking tensions between major oil producer Iran and the West. Tehran on Tuesday summoned the Danish envoy, whose nation currently holds the rotating presidency of the EU, to protest against the 27-nation bloc\'s embargo on Iranian oil exports over the Islamic producer\'s nuclear programme. According to official media, the Iranian deputy foreign minister in charge of Europe and American affairs, Ali Asghar Khaji, expressed Tehran\'s \"strong protest to this illogical decision\" in his meeting with the Danish diplomat. The Islamic republic, which is already under four rounds of UN sanctions, vehemently denies its nuclear programme masks an atomic weapons drive as the West alleges, and insists it is for civilian purposes only. Crude producer Iran had previously threatened to close the Strait of Hormuz -- a chokepoint for one-fifth of the world\'s traded oil -- in the event of a military strike or sanctions from the West over its nuclear programme.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil prices fall before us stockpiles data Arab Today, arab today oil prices fall before us stockpiles data

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil prices fall before us stockpiles data Arab Today, arab today oil prices fall before us stockpiles data

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday