Iran’s Zanganeh says hard to predict oil prices as demand unclear – radio
Reuters – Iran’s oil minister said on Monday it was difficult to forecast crude prices amid uncertainties over prospects for demand, Iranian…
Tag Archives: oil prices
‘Trump only wants to look strong & raise oil prices by threatening to shoot at Iranian gunboats’
RT – Neither Washington nor Tehran are looking for war, and Trump ordering the US Navy to destroy “harassing” Iranian vessels was…
Oil rebounds after Trump signals fresh Iran tensions
The Wall Street Journal | David Hodari and Caitlin Ostroff: The recent fall in the value of oil has reverberated across energy…
US stock futures drop, oil falters despite output deal
The Wall Street Journal | Chong Koh Ping and Chitra Somayaji: U.S. stock futures slid Monday amid thin trading volumes, while oil…
OPEC, oil nations agree to unprecedented deal to cut global output by 10%
AP – OPEC, Russia and other oil-producing nations on Sunday finalised an unprecedented production cut of nearly 10 million barrels, or a…
Zangeneh phones Russian, Kuwaiti, Algerian counterparts on sinking oil prices
SHANA — Iranian Minister of Petroleum Bijan Zangeneh discussed the latest oil market developments and price fluctuations with Mohamed Arkab, Algerian Minister…
Iran doesn’t agree with OPEC+ meet without clear outcome: minister
Reuters – Iran does not agree with holding any OPEC+ meeting in the absence of a clear proposal and expected outcome from…
Iran faces fourth crisis in oil crash amid US sanctions, coronavirus and protests
Newsweek | Tom O’Connor: Iran appeared set to face its fourth looming crisis as global oil prices crash, further threatening the country’s…
COVID-19, main culprit in recent oil price fluctuations: Zangeneh
SHANA – Iranian Minister of Petroleum Bijan Zangeneh says that coronavirus is to blame for recent price fluctuations in the oil market.…
Oil prices rise as OPEC mulls drastic output cuts — Market Talk
The Wall Street Journal – Oil prices tick higher as Saudi Arabia mulls drastic, temporary cuts to production to bolster crude prices,…
Oil prices surge to highest level since April after US assassinates Iran’s top commander in airstrike
CNBC – Oil prices surged 3% on Friday following confirmation by the Pentagon that Iran’s top commander was killed in a U.S.…
Oil falls amid trade war flare up
Financial Tribune – Oil prices weakened on Monday after new tariffs imposed by the United States and China came into force, raising…
Oil steadies, shrugging off Iran’s seizure of tanker in Persian Gulf
Reuters – Oil initially rose more than 1% on Thursday after Iran said it had seized a foreign tanker in the Gulf,…
Oil edges up as supply remains tight, helping offset trade woes
Reuters – Oil prices rose on Tuesday, supported by tighter global supplies that helped offset lingering worries that demand could be hurt…
War with Iran could send oil prices to $250 per barrel
RT – As tensions between Iran and the US continue to escalate, analysts have begun to consider the likelihood and consequences of…
Oil rises as OPEC signals continued cuts and US threatens Iran
Bloomberg – Oil rose after Saudi Arabia and other OPEC+ members signaled their intention to keep supplies constrained, while U.S. President Donald…
Oil prices firm amid US sanctions on crude exporters Iran, Venezuela
CNBC – Oil prices stabilized on Wednesday as markets remained relatively tight amid U.S. sanctions on crude exporters Iran and Venezuela. U.S.…
Oil falls from 6-month high on signs market not as tight as feared
Reuters – Oil prices fell on Wednesday after a report allayed concerns about tightening supply, ending a rally that took prices to…
Worries over global economy outweighs geopolitical factors in setting oil prices
Tehran Times – The upward trend of the oil prices in the market hit a stop point on Tuesday when the International…
Oil rises amid OPEC supply cuts, US sanctions on Iran and Venezuela
Reuters – Oil prices rose on Wednesday, pushed up by ongoing supply cuts from producer group OPEC and by U.S. sanctions against…
Iran crude oil price grows $2 Y/Y
SHANA — Iran’s heavy crude oil price in the week that ended on February 22, 2019 grew $2.2 from the same period…
OPEC cuts & US sanctions against Iran and Venezuela boosting global crude prices
RT – Oil prices are gaining on Tuesday as the OPEC-led supply deal and US penalties against Iran and Venezuela begin to…
Tehran stocks get winter chill as oil keeps falling
Financial Tribune – Tehran Stock market on Saturday capped a tumultuous three months with another substantial drop. After a roller-coaster ride through…
Iran gov’t confident OPEC will reach deal on output cuts
Sputnik – Iranian officials say OPEC’s recent decision to cut output will reflect positively on the Islamic Republic’s economy, as Tehran is…
Price fluctuations in oil market, psychological: Zanganeh
MNA – Oil Minister Bijan Namdar Zanganeh said on Wednesday that the current volatility in the oil market is psychological. OPEC’s 175th…
Iran keeps crude prices in Asia at wide discounts against Saudi oil in January
Reuters – Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at 30 cents…
OPEC deal could push oil to $80 per barrel – analyst tells RT
RT – The Organization of Petroleum Exporting Countries (OPEC) has reached a new deal to restrict global output. Oil prices jumped in…
Energy agency: Global oil supply jumps, sending prices lower
AP — The International Energy Agency said Wednesday that global oil supplies are growing rapidly as Saudi Arabia, the United States and…
Oil extends 7 percent slide as outlook darkens
Reuters – Oil markets fell again on Wednesday, extending losses from a 7 percent plunge the previous session as surging supply and…
Oil down 2 percent after Trump urges OPEC not to cut supply
Reuters – Oil prices fell more than 2 percent on Tuesday after U.S. President Donald Trump put pressure on OPEC not to…
US waivers on Iran oil import have no impact on prices – Oman Oil Minister
Sputnik | Anastasia Dmitrieva: US waivers on Iran sanctions for some oil importers or the sanctions themselves did not impact oil prices,…
Oil crashes more than 20% from October highs despite Trump’s Iran sanctions
Business Insider – Brent crude prices fell to multimonth lows Friday as supply fears caused by US sanctions on Iran waned. Oil…
Trump: Iran sanctions waivers won’t drive oil prices up to $150 per barrel
Sputnik – President Donald Trump said during a press conference on Wednesday that his administration granted temporary waivers with respect to sanctions…
Oil dips amid well-supplied market, Iran sanction waivers
Reuters – Oil prices dipped on Wednesday as high output and U.S. sanction waivers allowing Iran’s biggest buyers to keep taking its…
Oil mixed as U.S. imposes sanctions on Iran, Tehran defiant
Reuters – Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on…
Trump says he wants to go slower on sanctions for Iran’s oil
Reuters – U.S. President Donald Trump on Monday said he wants to impose sanctions on Iran’s oil gradually, citing concerns about shocking…
Oil prices fall as U.S. grants Iran sanction waivers to major importers
Reuters – Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that…
Iran sanctions won’t fuel oil prices for long
The Wall Street Journal – Anticipation of U.S. sanctions on Iran drove oil prices to multiyear highs last month, but the crude being…
Iran sanctions seen keeping oil above $75, but 2019 demand outlook darkens
Reuters | Eileen Soreng: Oil is likely to stay above $75 a barrel, fueled by supply disruptions exacerbated by U.S. sanctions on…
Oil rises one percent ahead of U.S. sanctions on Iran
Reuters – Oil prices rose more than 1 percent on Wednesday as markets braced for the imposition of U.S. sanctions on Iran…