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Prices have been volatile this week as threats to shipping in the Gulf and the Strait of Hormuz, have increased.
By Erwin Seba HOUSTON, Oct 9 (Reuters) - Oil prices settled higher on Friday as Hurricane Isaias churned toward the northern Gulf of Mexico and oil companies shut more than 70% of crude production in US waters. Earlier in the session, crude prices were down as US President Donald Trump said talks with Iran to end the…
Oil prices fell on Friday as Middle East supply concerns eased after US President Donald Trump said the country would not attack Iran before US elections next month, amid productive talks to end their war that has disrupted global energy markets. Brent crude futures dropped $1.68, or 1.61%, to $102.6 a barrel by 0819…