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$100 oil, a $100 billion problem for the world

Oil prices could rise to $100 a barrel, driven higher by a "combination of global demand strength, OPEC restraint, and geopolitical and sanctions related uncertainty.".....»»

Category: topSource: moneycentralMay 23rd, 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

Trump Trashes Pharma’s Middlemen, but the Stocks Rise

Despite President Trump's campaign promises, drug firms and pharmacy-benefit managers seem in little danger from today's announced plans to rein in drug prices. The companies and their shareholders seem supportive......»»

Category: blogSource: barronsMay 11th, 2018

Iran Accuses US Of Pushing Up Oil Prices

Authored by Irina Slav via, U.S. President Trump has made a deal with some OPEC producers to keep prices high as they support the U.S. economy and boost federal taxes. This is what Iran’s Energy Minister Bijan .....»»

Category: blogSource: zerohedgeMay 11th, 2018

Frontrunning: May 11

Quotas Return as Countries Seek U.S. Tariff Exemptions (WSJ) Trump plan for drug prices may spare industry (Reuters) Squeeze on Iranian Oil Could Upset OPEC Pact (WSJ) .....»»

Category: blogSource: zerohedgeMay 11th, 2018

Asia stocks rise as crude oil extends rally on Iran worries

TOKYO (Reuters) - Asian stocks rose on Thursday, with energy shares leading the way as crude oil prices bolted higher after U.S. President Donald Trump's decision to pull out of a nuclear deal with Iran......»»

Category: topSource: reutersMay 9th, 2018

Trump"s Iran nuclear deal exit means uncertainty over oil prices, supply

Saudi Arabia will work with OPEC and non-OPEC producers to reduce the impact of any shortage in oil supplies.....»»

Category: topSource: business-standardMay 9th, 2018

Crude oil breaches $70 a bbl as markets await Trump call on Iran sanctions

Iran has come out against higher prices, after a rally of over 12% this year on output cuts by the OPEC and its allies as well as rising geopolitical risks in the Middle East.....»»

Category: topSource: business-standardMay 7th, 2018

India braces for explosion as Trump"s Iran sanctions countdown begins

Experts say reinstating sanctions could see global oil prices rise by as much as $5 per barrel.....»»

Category: topSource: business-standardApr 30th, 2018

Stock selloff linked to Trump tariffs: Consumer Technology Association

A key factor is the rise in steel prices triggered by duties, according to Gary Shapiro......»»

Category: topSource: foxnewsApr 24th, 2018

Petrol prices at all time high; high diesel prices hurt garment industry

The sudden hike in prices of diesel and petrol, along with a rise in crude oil prices, was due to the ongoing supply cut of oil by the OPEC.....»»

Category: topSource: business-standardApr 24th, 2018

In One Chart: Wall Street’s convinced that President Trump can’t keep a lid on oil prices

The smart money is convinced: Oil prices are headed higher, regardless of the pressure Trump recently applied to OPEC......»»

Category: topSource: marketwatchApr 23rd, 2018

Goldman Sachs" top oil gurus lay out a completely different take than Trump has on where prices should be

REUTERS/Essam Al-Sudani President Donald Trump lashed out at OPEC on Friday, tweeting that oil prices were "artificially.....»»

Category: topSource: businessinsiderApr 22nd, 2018

Trump Targets OPEC: Oil Prices "Artificially Very High, Not Accepted"

Trump Targets OPEC: Oil Prices "Artificially Very High, Not Accepted".....»»

Category: topSource: seekingalphaApr 21st, 2018

Trump accuses Opec of "artificially" boosting oil prices; cartel hits back

Several members of the OPEC responded to Trump's tweet, saying prices were not artificially inflated.....»»

Category: topSource: business-standardApr 21st, 2018

OPEC, Russia Back Continued Oil Cuts, Drawing Trump Ire

A group of some of the world’s biggest crude producers said they would keep a tight grip on output for the rest of the year, and perhaps into next, spurring President Donald Trump to call oil prices “artificially very high.”.....»»

Category: smallbizSource: wsjApr 20th, 2018

Cramer: Trump shouldn"t be calling on OPEC for lower oil prices

Jim Cramer argues that OPEC is a "shadow of its former self" and no longer wields control over the price of oil......»»

Category: topSource: madmoneyApr 20th, 2018

Oil recovers after Trump tweet jolts prices lower

Crude futures came under pressure Friday but recovered from a sharp drop after President Donald Trump suggested in a tweet that OPEC is keeping oil prices artificially high......»»

Category: topSource: moneycentralApr 20th, 2018

Oil ends the day slightly higher, up 1.5% for the week

Oil prices settled modestly higher Friday, shaking off earlier short-lived weakness sparked by a tweet from U.S. President Donald Trump, to finish the week with a 1.5% gain. Trump had blamed OPEC for what he called "artifici.....»»

Category: topSource: marketwatchApr 20th, 2018

Trump turns Twitter power on OPEC, oil prices

Trump turns Twitter power on OPEC, oil prices.....»»

Category: topSource: washpostApr 20th, 2018