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Oil surges amid OPEC caution to offset Iran sanctions

Oil prices hit their highest in about six months on Tuesday as sources said Gulf OPEC members were ready to raise output only if there was demand before offsetting any shortfall following a U.S. decision to end waivers for buyers of Iranian crude......»»

Category: topSource: reutersApr 23rd, 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 surges again after Trump threatens Iraq sanctions, Iran retaliation

Oil prices shot more than 2% higher on Monday, with Brent rising above $70 a barrel, after U.S. President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East......»»

Category: topSource: reutersJan 5th, 2020

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

Oil falls after Trump presses OPEC to offset Iran sanctions

Oil prices fell on Monday, extending the Friday decline that halted a weeks-long rally, after 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 prices firm amid OPEC supply cuts, U.S. sanctions on Iran and Venezuela

Oil prices were firm on Friday, supported by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela......»»

Category: topSource: reutersApr 11th, 2019

Oil edges up amid tightening supply, but economic slowdown weighs

Oil prices inched up on Wednesday amid supply cuts by producer group OPEC and U.S. sanctions on oil exporters Iran and Venezuela, but pressured by expectations that an economic slowdown could soon dent fuel consumption......»»

Category: topSource: reutersApr 10th, 2019

Oil steady amid tightening supply, but capped by economic slowdown

Oil prices moved little on Wednesday, supported by supply cuts by producer group OPEC and U.S. sanctions against oil exporters Iran and Venezuela, but pressured by expectations that an economic slowdown could soon dent fuel consumption......»»

Category: topSource: reutersApr 10th, 2019

Oil edges higher amid tightening global supply, gains capped by economic slowdown

Oil prices crept higher on Wednesday, supported by supply cuts by producer club OPEC and U.S. sanctions against oil exporters Iran and Venezuela, but restricted by expectations that an economic slowdown could soon dent fuel consumption......»»

Category: topSource: reutersApr 9th, 2019

Oil rises amid OPEC supply cuts, U.S. sanctions

Oil prices edged back towards five-month highs on Wednesday, supported by ongoing supply cuts by producer club OPEC and U.S. sanctions against oil exporters Iran and Venezuela......»»

Category: topSource: reutersApr 9th, 2019

Oil near five-month highs amid Libya violence, OPEC cuts, U.S. sanctions

Oil prices were near 5-month highs on Tuesday as markets continued to tighten amid OPEC-led supply cuts, U.S. sanctions against Iran and Venezuela, and escalating violence in Libya......»»

Category: topSource: reutersApr 9th, 2019

Oil prices hover near five-month highs as global markets tighten

Oil prices rose to fresh 5-month highs on Tuesday as markets tightened amid OPEC-led supply cuts, U.S. sanctions against Iran and Venezuela, and escalating violence in Libya......»»

Category: topSource: reutersApr 9th, 2019

Oil climbs to five-month high amid OPEC cuts, U.S. sanctions and Libya fighting

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC's ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting in Libya as well as strong U.S. jobs data......»»

Category: topSource: reutersApr 8th, 2019

Oil hits highest since November 2018 amid OPEC cuts, U.S. sanctions

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC's ongoing supply cuts, U.S. sanctions against Iran and Venezuela, and strong U.S. jobs data......»»

Category: topSource: reutersApr 8th, 2019

Oil at five-month highs amid OPEC-led supply cuts, U.S. sanctions

Oil prices rose to their highest level since Nov. 2018 on Monday, driven up by OPEC's ongoing supply cuts, U.S. sanctions against Iran and Venezuela and strong U.S. jobs data......»»

Category: topSource: reutersApr 8th, 2019

Oil hits November 2018 highs amid OPEC supply cuts, U.S. sanctions

Oil prices rose to five-month highs on Monday, driven up by OPEC's ongoing supply cuts, U.S. sanctions against Iran and Venezuela and healthy U.S. jobs data......»»

Category: topSource: reutersApr 7th, 2019

Oil set for biggest quarterly rise since 2009 amid OPEC cuts, sanctions

Oil prices rose on Friday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. Pascale Davies reports......»»

Category: topSource: moneycentralMar 29th, 2019

Oil set for biggest quarterly rise since 2009 amid OPEC cuts, sanctions

Oil prices rose on Friday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. Pascale Davies reports......»»

Category: videoSource: reutersMar 29th, 2019

Oil heads for its biggest quarterly rise in a decade

Oil prices rose Friday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009......»»

Category: topSource: moneycentralMar 29th, 2019

Oil heads for its biggest quarterly rise in a decade

Oil prices rose Friday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009......»»

Category: topSource: moneycentralMar 29th, 2019