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Oil cautious on rise in U.S. drilling, Iran sanctions opposition

SINGAPORE (Reuters) - Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran......»»

Category: topSource: reutersMay 13th, 2018

Futures Movers: Oil looks to extend last week’s rise, but traders wary of rising OPEC, U.S. output

Oil prices climb on Monday, poised to extend last week’s gains, with traders still showing concern over Iran sanctions, but wary of OPEC’s ability to offset crude supply declines and growing U.S. production......»»

Category: topSource: marketwatchMay 14th, 2018

OPEC strives for oil deal as Iran insists on modest rise in output

VIENNA (Reuters) - OPEC's leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet rising global demand, with Iran still signaling it would support only a modest increase in supply......»»

Category: topSource: reutersJun 21st, 2018

Oil slips as OPEC reportedly weighs increasing output

Reuters/Heinz-Peter Bader Oil prices fell more than 1% on Friday. OPEC may boost output to try to counter a supply squeeze from US sanctions against Iran. Watch oil trade in real time here. Oil prices fell Friday amid reports OPEC is considerin.....»»

Category: topSource: businessinsiderSep 21st, 2018

OPEC, Russia rebuff Trump's call for immediate boost to oil output - Reuters

ReutersOPEC, Russia rebuff Trump's call for immediate boost to oil outputReutersALGIERS (Reuters) - OPEC's leader Saudi.....»»

Category: topSource: googlenewsSep 23rd, 2018

Oil near four-year high as producers resist output rise to offset Iran sanctions

Oil prices on Tuesday were within reach of four-year highs hit in the previous session, as looming U.S. sanctions against Iran and unwillingness by the Organization of the Petroleum Exporting Countries (OPEC) to raise output supported the market......»»

Category: topSource: reutersSep 25th, 2018

Oil just below four-year high as producers resist output rise to offset Iran sanctions

Oil prices on Tuesday were holding just below four-year highs hit in the previous session, as looming U.S. sanctions against Iran and unwillingness by the Organization of the Petroleum Exporting Countries (OPEC) to raise output supported the market......»»

Category: topSource: reutersSep 25th, 2018

Oil hits four-year high as OPEC, Russia resist output rise to offset Iran sanctions

Brent crude oil prices hit a fresh four-year high on Tuesday amid looming U.S. sanctions against Iran and an apparent reluctance by OPEC and Russia to raise output to offset the expected to hit to supply......»»

Category: topSource: reutersSep 25th, 2018

OPEC oil output boost in September limited by Iran losses: Reuters survey

OPEC delivered only a limited increase in oil production in September, a Reuters survey has found, as a cut in Iranian shipments due to U.S. sanctions offset higher output in Libya, Saudi Arabia and Angola......»»

Category: topSource: reutersOct 1st, 2018

OPEC oil production climbs in November, but Iran's output declines: report - MarketWatch

NBCNews.comOPEC oil production climbs in November, but Iran's output declines: reportMarketWatchOil production from the Organization of the Petroleum Exporting Countries rose by 40,000 barrels a day to 33.08 million barrels in Nov.....»»

Category: topSource: googlenewsDec 5th, 2018

OPEC yet to agree on final deal as Iran seeks exemptions

Saudi Arabia's energy minister said he wasn't confident OPEC would reach a deal on Friday to cut oil output as sources said the producer group's leader had yet to agree on exemptions for sanctions-hit Iran......»»

Category: topSource: reutersDec 7th, 2018

OPEC oil output drops in January on Saudi cut, outages and sanctions

OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as top exporter Saudi Arabia over-delivered on the group's supply pact while Iran, Libya and Venezuela registered involuntary declines......»»

Category: topSource: reutersJan 31st, 2019

OPEC oil output drops on Saudi cut, outages and sanctions

OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as Saudi Arabia and its Gulf allies over-delivered on the group's supply-cutting pact while Iran, Libya and Venezuela registered involuntary declines......»»

Category: topSource: reutersJan 31st, 2019

Oil prices rise on OPEC output cuts, as U.S. sanctions bite

Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. production and concerns over economic growth to keep markets in check......»»

Category: topSource: reutersFeb 11th, 2019

Sanctions choke Iran"s crude sales, but oil product exports booming

While U.S. sanctions on Iran's oil industry have slashed the OPEC member's crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show......»»

Category: topSource: moneycentralSep 2nd, 2019

Sanctions choke Iran"s crude sales, but oil product exports booming

While U.S. sanctions on Iran's oil industry have slashed the OPEC member's crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show......»»

Category: topSource: reutersSep 2nd, 2019

Oil prices rise on Iran tensions, OPEC output cuts

Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally......»»

Category: topSource: reutersJul 5th, 2019

The Wall Street Journal: OPEC oil production drops in April as Iran output shrinks

Oil production by Iran fell in April as the country remained under U.S. sanctions, according to a monthly report by the Organization of the Petroleum Exporting Countries......»»

Category: topSource: marketwatchMay 14th, 2019

Oil climbs, shaking off Trump calls for OPEC to offset Iran sanctions

Oil prices edged higher on Monday, as the market attempted to resume a weeks-long rally that was halted on Friday when U.S. President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran......»»

Category: topSource: reutersApr 29th, 2019

Oil steadies after Trump presses OPEC to offset Iran sanctions

Oil prices steadied on Monday, after a weeks-long rally was halted on Friday when the market tumbled after U.S. President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran......»»

Category: topSource: reutersApr 29th, 2019