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Oil rises on OPEC cuts, U.S. sanctions on Iran and Venezuela

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

Category: topSource: reutersFeb 11th, 2019

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 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

Oil up nearly 2 percent on Saudi and OPEC cuts

Oil prices gained nearly 2 percent on Tuesday, supported by OPEC-led production cuts which Saudi Arabia said it would surpass by over half a million barrels per day (bpd) and by U.S. sanctions against Iran and Venezuela......»»

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

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 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 edges up amid OPEC cuts, U.S. sanctions on Iran and Venezuela

Oil prices edged up on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although surging U.S. production and concerns over economic growth kept markets in check......»»

Category: topSource: reutersFeb 11th, 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

Crude rises slightly despite oversupply fears

Crude futures rose ahead of settlement in choppy trade on Monday, supported by a reported drawdown of U.S. oil inventories, potential European Union sanctions on Iran and possible OPEC production cuts......»»

Category: topSource: reutersNov 19th, 2018

Energy Sector Outlook: Economic Growth, OPEC And Geopolitical Tensions

Sustained, albeit slowing, global economic growth, OPEC supply cuts, the U.S.’s renewed sanctions on Iran, and declining output in Venezuela and Libya are just some of the factors that have been helping turnaround the energy sector.  read more.....»»

Category: blogSource: benzingaJul 9th, 2018

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

OPEC"s oil exports to U.S. fall to five-year low in January

Less foreign oil is reaching American shores, as OPEC production cuts kick in and U.S. sanctions on Venezuela curb its exports......»»

Category: topSource: moneycentralFeb 5th, 2019

United States Oil (USO) expectations of tightening global supply due to U.S. sanctions on Venezuela and production cuts led by OPEC

United States Oil (USO) expectations of tightening global suppl.....»»

Category: topSource: livetradingnewsFeb 5th, 2019

Brent crude hits 2019 high near $64 on Venezuela sanctions, OPEC

The U.S. sanctions on Venezuela will limit oil transactions between Venezuela and other countries and are similar to those imposed on Iran last year......»»

Category: topSource: foxnewsFeb 4th, 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

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

Oil rises after U.S. threat of sanctions on Venezuela crude

Oil rose on Thursday, shaking off persistent concern about the outlook for demand after the U.S. government said it could impose sanctions on OPEC member Venezuela's crude exports......»»

Category: topSource: reutersJan 24th, 2019

Brent crude slips as investors fear another glut

Brent crude futures fell in choppy trade on Monday, under pressure from growing supply but supported by a reported drawdown of U.S. oil inventories, potential European Union sanctions on Iran and possible OPEC production cuts......»»

Category: topSource: reutersNov 19th, 2018

Oil rises on looming Iran sanctions

OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports......»»

Category: topSource: foxnewsOct 22nd, 2018