Oil dips around supply fears

Oil prices fell about 1%, heading for a weekly loss of over 6%, with investors worried about oversupply as the US said it will temporarily spare eight jurisdictions from Iran-related sanctions.

Oil dips around supply fears
Sat, 03 Nov, 2018 - 06:30

By Devika Krishna Kumar

Oil prices fell about 1%, heading for a weekly loss of over 6%, with investors worried about oversupply as the US said it will temporarily spare eight jurisdictions from Iran-related sanctions.

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CourtsOil pricesPlace: JapanPlace: USPerson: Devika Krishna KumarPerson: secretary of statePerson: Mike PompeoPerson: PompeoPerson: Gene McGillianOrganisation: USOrganisation: IranOrganisation: EUOrganisation: BloombergOrganisation: WashingtonOrganisation: ChinaOrganisation: Tradition EnergyOrganisation: Russian Energy MinistryOrganisation: Organisation of the Petroleum Exporting CountriesOrganisation: OPECOrganisation: RussiaOrganisation: Reuters
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