Posts Tagged: Oil Prices
Oil Drops on Recession Concerns, Heading for Weekly Fall
Oil prices fell almost 2 percent on Friday and were on track for a weekly decline as interest rate hikes from major central banks fueled...
Oil Prices Tick Up Alongside European Shares, Saudi Blast Reports
Oil prices ticked up on Tuesday alongside rising European shares and amid reports of a blast in Saudi Arabia, trading near 11-month highs. Brent crude was...
Oil Touches Fresh 11-Month Highs After US Inventory Fall
Oil prices were steady on Thursday after hitting fresh 11-month highs on a fall in US stockpiles and in the wake of a pledge by...
Oil Extends Gains After Surprise Saudi Output Cut
Oil prices extended gains on Wednesday, rising to their highest since late February, after Saudi Arabia announced a big voluntary production cut, and as an...
Oil Prices Up $1 on OPEC Output Cut Talks, Iran Tension
Oil prices rose by around $1 on Tuesday as tension simmered following Iran's seizure of a South Korean vessel and as the OPEC+ group studied...
Fear of Recession in US Triggers Slide in Oil Market
Oil fell by three points to below $58 a barrel on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a...
Iran Warns Any Clash in the Gulf Would Push Oil Prices Above $100
US military vessels in the Gulf are within range of Iranian missiles, a top military aide to Iran’s Supreme Leader Ayatollah Ali Khamenei said on...
Iran’s Oil Minister Blames US for Market Tensions
Iranian Oil Minister Bijan Zanganeh said on Saturday frequent US comments about oil prices had created market tensions, the ministry's news website SHANA reported. US President...
Saudi Arabia in Talks to Cut Oil Output After US Waivers Hit Prices
Saudi Arabia is discussing a proposal that could see OPEC and non-OPEC oil producers cut output by up to 1 million barrels per day, two...
US Envoy Aims to End Iran Oil Exports Without Price Spike
The United States is determined to push Iranian oil exports to zero, US Special Representative Brian Hook said on Wednesday, through a "calibrated" approach using...
Oil Prices Rise on Iran Sanctions, Outlook Uncertain
Oil prices steadied just below four-year highs on Friday as world fuel markets tightened ahead of a new round of US sanctions on Iranian oil...
Iran Says Trump Should Stop Interfering in Middle East If He Wants Cheap Oil
US President Donald Trump should stop interfering in the Middle East if he wants the price of oil to stop rising, Iranian Oil Minister Bijan...
In New York, Oil Falls Below $35 Per Barrel for First Time Since 2009
Oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering...
Oil Price Drop and Failure to Finalize Nuclear Deal Hits Iran’s Economy Hard
Wall Street Journal - Plummeting oil prices and the failure so far to conclude a nuclear agreement are dealing a double blow to Iran's economy...
