Advertisements


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

Oil up on OPEC output cuts and as sanctions against Venezuela, Iran 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. output and concerns over economic growth to keep markets in check......»»

Category: topSource: reutersFeb 12th, 2019

Oil prices rise on OPEC supply cuts, Venezuela sanctions

Oil prices rose on Wednesday as producer club OPEC said it had cut supply deeply in January and as U.S. sanctions hit Venezuela's oil exports......»»

Category: topSource: reutersFeb 12th, 2019

Oil prices rise 1 percent amid OPEC supply cuts, U.S. sanctions on Venezuela

Oil prices rose by around 1 percent on Wednesday as producer club OPEC said it had deeply cut supply in January and as U.S. sanctions hit Venezuela's oil exports......»»

Category: topSource: reutersFeb 12th, 2019

Oil up 1 percent on Saudi and OPEC cuts but outlook picture clouded

Oil prices gained about 1 percent on Tuesday, supported by OPEC-led production cuts and U.S. sanctions against Iran and Venezuela, though remain wary of surging U.S. output and the outcome of U.S.-China trade talks......»»

Category: topSource: reutersFeb 12th, 2019

Sanctions, OPEC cuts push Asia"s sour crude oil prices above Brent

Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium to heavy sour oil, traders and analysts said......»»

Category: topSource: reutersFeb 11th, 2019

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

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 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

OPEC, Russia to Discuss Output as Iran Sanctions Bite

OPEC and its Russia-led counterparts meet this weekend to gauge whether they need to boost output amid U.S. sanctions on Iran as international oil prices flirt with multiyear highs......»»

Category: smallbizSource: wsjSep 20th, 2018

Oil prices higher as U.S. sanctions limit Iran exports

Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November, but gains were limited by higher supply from OPEC and the United States......»»

Category: topSource: reutersSep 3rd, 2018

Oil steady on high OPEC supply ahead of Iran sanctions

Oil prices steadied on Monday, weighed down by rising supply from OPEC and the United States but supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November......»»

Category: topSource: reutersSep 3rd, 2018

Oil falls on rising output from OPEC and United States

Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November......»»

Category: topSource: reutersSep 3rd, 2018

Brent crude oil dips on rising OPEC output; looming sanctions on Iran prevent bigger fall

Brent crude oil prices dipped on Monday amid rising supply from OPEC and the United States, although expectations of falling Iranian output once U.S. sanctions bite from November provided some support......»»

Category: topSource: reutersSep 2nd, 2018

Oil prices rise on ongoing Venezuelan supply trouble

SINGAPORE (Reuters) - Oil prices rose on Friday, driven up as Venezuela struggles to meet its supply obligations and by ongoing voluntary output cuts led by producer cartel OPEC......»»

Category: topSource: reutersJun 7th, 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

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

Oil rises 1 percent on deepening OPEC supply cuts, sanctions on Venezuela

Oil prices rose on Wednesday as producer club OPEC said it had cut supply deeply in January and as U.S. sanctions hit Venezuela's oil exports......»»

Category: topSource: reutersFeb 12th, 2019

Oil gains 1 percent after Saudi Arabia pledges more output cuts

Oil prices rose more than 1 percent on Tuesday after OPEC figures showed it cut production sharply in January, and as lead member Saudi Arabia said it would reduce its output in March by an additional 500,000 barrels......»»

Category: topSource: reutersFeb 12th, 2019

Oil gains 2 percent as Saudi Arabia readies more supply cuts

Oil prices were up more than 2 percent on Tuesday on steep OPEC production cuts, with its de-facto leader Saudi Arabia planning to drop March crude output by more than a half a million barrels per day below its initial pledge......»»

Category: topSource: reutersFeb 12th, 2019

Oil up nearly 3 percent on Saudi and OPEC cuts

Oil prices gained nearly 3 percent on Tuesday, supported by OPEC-led production cuts, which Saudi Arabia said it would surpass by more than half a million barrels per day (bpd), and by U.S. sanctions against Iran and Venezuela......»»

Category: topSource: reutersFeb 12th, 2019