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Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
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When Iran Exports Fall After US Sanctions, Saudi To Open Its Oil Tap
With Washington poised to curtail Iran's oil exports, OPEC heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, analysts say.
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US Agrees To India, 7 Nations Buying Iran Oil Despite Sanctions: Report
The U.S. has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said. While the Trump administration's goal remains to choke off revenue to Iran's economy, waivers are being granted in exchange for continued ...
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OPEC "Monopoly" Must Lower Oil Prices Now, Says Donald Trump
President Donald Trump on Thursday issued a fresh call on the OPEC oil cartel to lower crude prices, saying the United States was providing Middle Eastern energy giants with security.
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Amid Threats Of US Sanctions Against Iran, Saudis Offer Extra Oil in Asia
Evidence is mounting that Saudi Arabia is heeding U.S. President Donald Trump's call for OPEC to keep the oil market amply supplied and rein in prices.
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Iranian Oil Minister Calls Donald Trump's Order To OPEC Insulting
Iran's oil minister on Saturday accused U.S. President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that Iranian output and exports had not changed as a result of U.S. pressure.
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Nuclear Deal Talks Set To Drag On As Iran Seeks More From World Powers
Talks to save the 2015 nuclear deal on Friday are unlikely to satisfy Iran, European powers said, and Tehran warned that it could leave the accord if it was not fully compensated for the re-imposition of U.S. sanctions.
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Saudi Arabia "Has To Put Out More Oil", Says Donald Trump
President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on US ally Saudi Arabia to raise supplies to compensate for lower exports from Iran.
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OPEC Daily Basket Price Closes tad Lower
The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $60.39 a barrel on Monday compared to $60.47 last Friday, the organisation's secretariat said.
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Muslim 'Treachery' Behind Fall in Oil Prices, Says Iran President Hassan Rouhani
Iran's President Hassan Rouhani says the sharp fall in oil prices is the result of "treachery," in an apparent reference to regional rival Saudi Arabia, which opposed production cuts to lift prices.
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Iran halts oil sales to France, Britain
Iran has halted its limited oil sales to France and Britain in retaliation for a phased EU ban on Iranian oil that is yet to take full effect, the oil ministry said on Sunday.
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Iran asks OPEC states not to raise oil output
Iran has asked OPEC members not to raise oil production to compensate for a European Union embargo against the Islamic republic, Oil Minister Rostam Qasemi said on Saturday.
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Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
-
When Iran Exports Fall After US Sanctions, Saudi To Open Its Oil Tap
With Washington poised to curtail Iran's oil exports, OPEC heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, analysts say.
-
US Agrees To India, 7 Nations Buying Iran Oil Despite Sanctions: Report
The U.S. has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said. While the Trump administration's goal remains to choke off revenue to Iran's economy, waivers are being granted in exchange for continued ...
-
OPEC "Monopoly" Must Lower Oil Prices Now, Says Donald Trump
President Donald Trump on Thursday issued a fresh call on the OPEC oil cartel to lower crude prices, saying the United States was providing Middle Eastern energy giants with security.
-
Amid Threats Of US Sanctions Against Iran, Saudis Offer Extra Oil in Asia
Evidence is mounting that Saudi Arabia is heeding U.S. President Donald Trump's call for OPEC to keep the oil market amply supplied and rein in prices.
-
Iranian Oil Minister Calls Donald Trump's Order To OPEC Insulting
Iran's oil minister on Saturday accused U.S. President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that Iranian output and exports had not changed as a result of U.S. pressure.
-
Nuclear Deal Talks Set To Drag On As Iran Seeks More From World Powers
Talks to save the 2015 nuclear deal on Friday are unlikely to satisfy Iran, European powers said, and Tehran warned that it could leave the accord if it was not fully compensated for the re-imposition of U.S. sanctions.
-
Saudi Arabia "Has To Put Out More Oil", Says Donald Trump
President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on US ally Saudi Arabia to raise supplies to compensate for lower exports from Iran.
-
OPEC Daily Basket Price Closes tad Lower
The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $60.39 a barrel on Monday compared to $60.47 last Friday, the organisation's secretariat said.
-
Muslim 'Treachery' Behind Fall in Oil Prices, Says Iran President Hassan Rouhani
Iran's President Hassan Rouhani says the sharp fall in oil prices is the result of "treachery," in an apparent reference to regional rival Saudi Arabia, which opposed production cuts to lift prices.
-
Iran halts oil sales to France, Britain
Iran has halted its limited oil sales to France and Britain in retaliation for a phased EU ban on Iranian oil that is yet to take full effect, the oil ministry said on Sunday.
-
Iran asks OPEC states not to raise oil output
Iran has asked OPEC members not to raise oil production to compensate for a European Union embargo against the Islamic republic, Oil Minister Rostam Qasemi said on Saturday.
