A clash between US and Iran could send oil prices above $100 and bad news for China
Forbes | Panos Mourdoukoutas : China’s next big problem won’t be in the South China Sea. It will be in the Strait…
Tag Archives: oil prices
‘Trump’s attempt to control oil prices is the beginning of chaos’ – economist
RT– Oil prices will rise regardless of what Iran does, but Trump will blame Tehran anyway. This will lead to conflict and…
Get ready for $250 oil if Iran blocks key shipment route in Middle East, analysts tell RT
RT– Tehran is threatening to block the Strait of Hormuz, a crucial artery for oil shipments from the Middle East, if Iranian…
If US gets its way with Iran, oil could spike to $120, says Bank of America
CNBC – The U.S. is demanding zero purchases of Iranian oil by November, and if that were possible, oil could spike above $120 per…
Iran tells Trump: Stop tweeting, it’s driving up oil prices
Bloomberg– The war of words over oil prices continues between U.S. President Donald Trump and Iran, and the latest salvo from Iran…
Oil inches up on tighter U.S. supply, looming Iran sanctions
Reuters – Brent crude oil edged up on Wednesday after a second successive drop in U.S. crude inventories driven by an outage…
Oil gains on anticipation of U.S. sanctions on Iran
The Globe And Mail – Oil prices rose on Friday, rallying on concerns that U.S. sanctions against Iran would remove a substantial…
Iran sanctions expected to push oil prices to $90
Press TV – Experts say disruption to crude oil supplies from Iran as a result of US sanctions may push oil prices…
Zangeneh: Latest OPEC statement confirms October 2016 decisions
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said the 174th statement of the Organization of the Petroleum Exporting Countries (OPEC) confirms…
US crude surges 3.6%, settling at $70.53, after State Dept says oil buyers must cut Iranian imports to zero
CNBC – Crude prices surged by more than 3 percent on Tuesday after the U.S. State Department said it will require companies…
Oil jumps as OPEC agrees to modest output hikes
Reuters – Oil prices soared on Friday after oil producers agreed to modest crude output increases to compensate for losses in production…
Oil prices dip as Iran signals support for small OPEC supply increase
Reuters – Oil prices dipped on Thursday as Iran signalled it could be won over to a small rise in OPEC crude…
Iran rules out OPEC deal as Russia, Saudi push for oil output hike
Reuters – Iran said on Tuesday OPEC was unlikely to reach a deal on oil output this week, setting the stage for…
US pressuring Riyadh to push down oil prices: Iran
SHANA – Hossein Kazempour Ardebili, Iran’s OPEC Governor, in response to the recent joint statement of Saudi Arabia and Russian’s oil minister…
Iran and Donald trump exchange barbs over higher oil prices and sanctions
Independent | Mythili Sampathkumar: US President Donald Trump blamed the global oil export organisation for high oil prices, but Iran retorted it was…
Iran blames Trump policies for high oil prices
Press TV – Iran says the hostile policies of US President Donald Trump are to blame for the rising prices of crude…
Iran could become collateral damage of OPEC decision
Al Monitor | Nikolay Kozhanov: OPEC members are expected to consider increasing oil production at their June 22 meeting in Vienna, something the…
‘Grouping of Russia, China, India, Iran to have lots of internal demand for oil’
Sputnik – Oil prices continued to tumble on Monday after last week’s downward pull. This comes amid reports of rising production in…
Oil prices retreat on rising U.S. and Russian supplies
Reuters– Oil prices fell on Monday, pulled down by rising Russian production and the highest U.S. drilling activity in more than three…
Oil prices plunge on signs that Russia & Saudi Arabia may increase production
RT– Crude prices dropped on Monday following indications that Russia and Saudi Arabia may revive oil production, which was halted as part…
Russian oil boss warns Donald Trump’s Iran move may result in ‘unpredictable’ crude prices
Forbes – U.S. President Donald Trump’s unilateral decision to withdraw from the Iran nuclear accord could knock 5% of global oil production…
Oil pinned below $80 a barrel as chances rise of OPEC raising output
Reuters – Oil fell on Thursday, driven lower by the prospect of the first increase in OPEC output since 2016 in the…
Oil falls as investors grow wary of OPEC commitment to supply deal
Reuters– Oil fell on Wednesday, under pressure from a potential increase in OPEC crude output to cool the market’s recent rally and…
OPEC may decide to ease oil supply curbs in June: sources
Reuters – OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and…
Oil prices edge up on Venezuela, Iran supply worries
Reuters – Oil prices rose on Tuesday on concerns that Venezuela’s crude output could drop further following a disputed presidential election and…
Oil gains near $72 as Venezuelan risk adds to Iran concerns
Bloomberg | Sharon Cho and Alex Longley: Oil advanced toward $72 a barrel as Venezuela’s election results escalated the risk of U.S. sanctions against the OPEC…
Oil prices fall, Brent set for sixth week of gains
Reuters – Oil prices fell on Friday, but Brent crude was on track for a sixth straight week of gains, boosted by…
Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions
Reuters – Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S.…
Oil dips on signs of ample supply despite OPEC cuts, Iran sanctions
Reuters – Oil prices fell on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cartel OPEC and looming…
Oil falls away from multi-year highs on surge in U.S. drilling, Iran sanctions opposition
Reuters – Oil prices on Monday fell away from last week’s multi-year highs as a relentless rise in U.S. drilling activity pointed…
Oil prices fall as Iran nuclear deal retains support
Reuters – Crude prices fell in a see-saw session on Friday, retreating after early gains as it looked likely that U.S. allies…
What Trump’s Iran decision means for oil and gas prices
CNN | Matt Egan: President Donald Trump chose a dicey time to crack down on Iran, the world’s fifth-biggest oil producer. Global oil…
Oil trims gains ahead of Trump Iran announcement, Asia shares up
Reuters – Oil prices eased slightly on Tuesday, a day after hitting 3-1/2 year highs, as investors braced for President Donald Trump’s…
Iran sanctions could raise oil prices by $10 a barrel
Barrons | Myra P. Saefong: In a few days, the U.S. will decide whether to extend waivers on economic sanctions against Iran.…
Oil at $75 as Iran sanction fears mount
BBC– Oil prices hit $75 on Tuesday, the highest level in nearly three and a half years, as fears mounted over the…
Iran says no need to extend OPEC, non-OPEC pact if crude oil prices rise – SHANA
Reuters– Iran’s oil minister said there would be no need to extend a pact between OPEC and non-OPEC producers aimed at bolstering…
Oil market faces tense wait as Iran sanctions too close to call
Bloomberg |Alex Longley, Grant Smith and Christopher Sell: Global markets for equities, currencies and metals have all been whipsawed by the uncertainty over…
Oil prices rise amid lower US stockpiles, rising global tensions
Sputnik– Global oil prices are increasing amidst higher demand in the US and China, the ongoing OPEC commitment to output caps, as…
Will the oil price blow up with the Middle East?
Forbes | Michael Lynch: Supposedly a woman approached 19th century German Chancellor Bismarck and confessed she didn’t understand the controversy over Schleswig-Holstein and…
Iran says oil at $60 good, bullish on India gas deal
Press TV- Iranian Minister of Petroleum Bijan Zangeneh has said $60 a barrel is a good price for both oil producers and…