الرئيسية
BANGKOK (AP) — Crude prices were steady Friday amid a
sliding U.S. dollar and expectations that Europe will be able to find
oil elsewhere if Iran makes good on its threat to immediately halt
exports to the region.
Benchmark crude for March delivery was up 6
cents at $99.76 a barrel at midday Bangkok time in electronic trading
on the New York Mercantile Exchange. The contract rose 30 cents to
finish at $99.70 per barrel on the Nymex on Thursday.
Brent crude for March delivery was up 19 cents at $110.98 on the ICE Futures Exchange in London.
The
latest threat from Iran follows a European Union decision to enforce an
oil embargo against Iran starting this summer because of Iran's
secretive nuclear program.
EU nations account for about 18 percent
of Iran's oil sales, and Iranian lawmakers think cutting off oil to
Europe would hurt those nations more than it would Iran.
sliding U.S. dollar and expectations that Europe will be able to find
oil elsewhere if Iran makes good on its threat to immediately halt
exports to the region.
Benchmark crude for March delivery was up 6
cents at $99.76 a barrel at midday Bangkok time in electronic trading
on the New York Mercantile Exchange. The contract rose 30 cents to
finish at $99.70 per barrel on the Nymex on Thursday.
Brent crude for March delivery was up 19 cents at $110.98 on the ICE Futures Exchange in London.
The
latest threat from Iran follows a European Union decision to enforce an
oil embargo against Iran starting this summer because of Iran's
secretive nuclear program.
EU nations account for about 18 percent
of Iran's oil sales, and Iranian lawmakers think cutting off oil to
Europe would hurt those nations more than it would Iran.