Sentences with phrase «oil prices rose overnight»
Oil prices rose overnight amid concerns over geopolitical developments, particularly concerns about Iran.
https://www.cnbc.com/
Oil prices rose overnight amid concerns that the United States may re-introduce sanctions on Iran, which could potentially reduce the country's oil exports.
Not exact matches
â $ ˜A WEAKER US dollar can not be blamed for soaring oil prices as policymakers around the world tussle with the twin specters of rising inflation and slowing growth, US Treasury Secretary Henry Paulson said overnight.
When petrol prices soared to around $ 2 per litre in 2008, I expected a deluge of articles in favour of this turn of events, as the rise in oil prices was a good simulation of the precise type of policy response required to reduce emissions — that is, a large (and almost overnight) tax on fossil fuel use.