High oil prices won’t benefit producers in long-run: Iran’s Zanganeh
Iran’s Oil Minister Bijan Namdar Zanganeh says rising international oil prices won’t benefit producers in the long-run as he warns against impacts…
Tag Archives: oil price
Iran boosts oil recovery rate to counter US sanctions
Oil Price | By Simon Watkins – Given the gaps available to Iran in the current U.S. sanctions environment to continue to export…
Oil climbs again after Iran missile strike
The Wall Street Journal – Brent crude oil is up 1.2% at $69.09 a barrel and WTI futures are up 0.9% at…
Increase in oil price of benefit to Iran
IRNA – Oil Minister Bijan Zangeneh said on Wednesday that instability leads to oil price rise, however, increase in oil price will…
Oil rallies & gold hits 7-year high as tensions flare in the Middle East
RT – The escalating situation in the region following the assassination of a top Iranian military commander has given the yellow metal…
Oil ticks up as Middle East tensions persist
The Wall Street Journal – Brent crude oil is up 0.8% at $66.52 a barrel and WTI futures are up 0.6% at…
Oil price shrinks after Iran’s nuclear talks in Vienna
MNA – Oil prices fell on Monday as investors fretted over the outlook for global economic growth, while weekend talks between Iran…
Persian Gulf conflict could send oil beyond $325
MNA – In a report on the effects of the tensions in the Persian Gulf on the world oil market, OIL PRICE…
Senior Iranian MP: Europe’s defiance of N. deal undertakings to raise oil prices to $200
FNA – A senior member of the Iranian parliament’s National Security and Foreign Policy Commission in a tacit warning to Europe said…
Oil up on escalating US-Iran tensions, but trade war worries cap gains
Reuters – Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold…
Asia stocks slip, oil near six-month peak as US prepares to tighten Iran sanctions
Reuters – Asian shares slipped on Monday, weighed down by underperforming Chinese stocks, while oil prices rallied on news the United States…
Iranian heavy crude oil price grows $5.10 per barrel in Feb.: OPEC
MNA – According to OPEC’s latest monthly report, Iranian heavy oil price increased $5.10 per barrel in February, 2019, reaching $61.29. According…
Oil settles 1 percent higher on hopes of market rebalance, trade deal
Reuters – Crude prices rose more than 1 percent on Wednesday to their highest level this year on hopes that oil markets…
Crude rises slightly despite oversupply fears
Reuters – Crude futures rose ahead of settlement in choppy trade on Monday, supported by a reported drawdown of U.S. oil inventories,…
Crude oil market completes U-turn as Saudis signal price discontent – Russell
Reuters – What a difference a month can make. The crude oil market has gone from worrying about not having enough supply…
Oil falls as Russia signals output will stay high
Reuters – Oil prices edged lower on Monday as Russia signaled output will remain high, but losses were limited ahead of U.S.…
Oil rises ahead of Iran sanctions but falls for a third week
Reuters – Oil prices rose on Friday, supported by expectations that sanctions on Iran would tighten global supplies, but futures posted a…
British energy analyst: Global oil prices likely to rise after Iran sanctions
Tasnim – A noted British analyst specializing in the geopolitics of energy and Middle East energy affairs said Washington’s bid to sanction…
Oil market trusts Saudi Arabia for now to temper impact of Iran sanctions
CNBC | Patti Domm: Saudi Arabia, the world’s largest oil exporter, has become a source of market uncertainty just as the U.S.…
Oil little changed despite Saudi pledge to boost output
Reuters – Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia’s pledge to raise crude production to…
Oil rises on looming Iran sanctions, but U.S.-China trade war caps gains
Reuters – Oil prices rose on Monday as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented…
World’s top traders divided on oil outlook as Iran sanctions loom
Reuters | Julia Payne, Dmitry Zhdannikov: The world’s biggest trading houses said on Wednesday they saw oil prices not falling below $65 per…
Oil prices rise on Iran sanctions, outlook uncertain
Reuters – Oil prices rose on Friday as traders anticipated a tighter market due to U.S. sanctions on Iran’s crude exports. Benchmark…
Saudi Arabia, Russia agreed in September to lift oil output, told U.S.
Reuters – Russia and Saudi Arabia struck a private deal in September to raise oil output to cool rising prices and informed…
Oil firm on Iran sanctions, but rising U.S. supply and strong dollar weigh
Reuters – Oil prices were firm on Wednesday on expectations of tighter markets once U.S. sanctions target Iran’s petroleum industry from next…
Oil close to four-year high ahead of U.S. sanctions on Iran
Reuters – Oil markets were strong again on Tuesday, with Brent crude holding above $85 and near four-year highs reached the previous…
Oil higher as U.S. Iran sanctions raise supply concerns
Reuters – Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington…
Trump’s sanctions on Iran could push oil prices above $100 per barrel
CNBC – U.S. sanctions on Iran’s energy industry, when they come into effect in November, could potentially drive oil prices above $100 per barrel,…
Oil nears $80 a barrel as concern grows over global supply
Reuters – Oil cut earlier losses and rose towards its highest level this year on Wednesday, after a drop in U.S. crude…
Oil falls on rising output from OPEC and United States
Reuters – Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output…
Oil price falls as US hints sanction exemptions for Iran customers
IRNA – US signals to exempt some buyers of Iranian crude oil from the sanctions the country has planned against Tehran which…
Oil prices gain on supply concerns in Iran, Libya, Canada
Reuters – Oil prices gained on Monday, with U.S. crude ending a choppy session higher on expectations for a Canadian production outage…
Zangeneh: Outcome of OPEC meeting was what I said upon my arrival to Vienna
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said the group reached a consensus to stick to the body’s output reduction agreement…
Never mind OPEC – Brent oil market braces for Iran deadline
Reuters – Oil investors are taking no chances that Iran’s nuclear deal with Western powers will remain intact next month. Volatility, a…
Oil price pushes higher
MNA –Oil has risen towards $70 as a result of a drop in drilling activity in the US and concerns that Washington…
Oil jumps as Qatar ditched, London attacks hurt sterling
Reuters– Oil jumped after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain cut ties with Qatar on Monday while sterling slipped…
$55/b, suitable oil price: Iran
Shana– Iran says the price of crude oil in the range of 55 dollars per barrel would be suitable for the item…
Real oil price is over $70 per barrel: Iranian MP
IFP – An Iranian lawmaker said the real oil price is more than $70 per barrel, and urged the OPEC’s member states…
Oil price to ّfirmly settle at $54-55/d: Iran
SHANA- Iran says the price of oil will firmly be settled at $54 or $55 per barrel. Following a meeting with…
Oil prices won’t exceed $60 in short-term – analysts
ILNA: Oil prices will not exceed $60 a barrel in the short-term perspective, according to the forecasts of the British economic research…