Oil falls as investors assess Mideast tensions, International Energy Agency's report
Oil fell Thursday, as traders assessed attacks on ships passing through Hormuz, while digesting the International Energy Agency's latest monthly report.
According to CNBC, oil fell Thursday, as traders assessed attacks on ships passing through Hormuz, while digesting the International Energy Agency's latest monthly report.
This business story centres on the United States. Names and organisations mentioned in the coverage include International Energy Agency, Mideast and Hormuz.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- International Energy Agency, Mideast, Hormuz
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
Middle East oil exports surpass pre-war levels despite tensions, data shows
IRGC commander says oil flows through US-supervised route in Hormuz are ‘negligible’.
All hail electrification. But let’s talk about the hard part
Fatih Birol, head of the IEA, discussed some of the concepts from the report the following day at the United Nations.
Network disruptions and intelligence blackout: Is the U.S. deserting Ukraine? | Explained
Why is the U.S. being accused of the disruption?
New White House press secretary Katie Zacharia's legal career draws scrutiny
I practiced international transaction law, with all the appropriate credentials, says White House press secretary Katie Zacharia.
Thousands of NI workers to get pay bump as Real Living Wage rises
About 6,000 workers in NI are paid the Real Living Wage - which is voluntarily paid to reflect the cost of living.
UK households have paid extra £13,961 on bills since 2021 amid soaring inflation, TUC says
Trades Union Congress urges chancellor to tackle rising additional living costs in this month’s budget UK households have paid almost £14,000 on…
Oil prices retreat as investors weigh supply outlook, West Asia tensions
Brent crude futures fell $1.64, or 1.6%, to $104.42 a barrel by 0337 GMT, while U.S. West Texas Intermediate crude futures were down 98 cents, or…
Anthropic's third-quarter revenue is said to hit $16.8 billion ahead of IPO
Anthropic reports third-quarter stands at $16.8 billion ahead of its IPO.





