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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 prices steady despite U.S. crude inventory build, Brent near $70 a barrel

Oil prices were little changed on Wednesday even after U.S. government data showed a surprise increase in crude inventories, as OPEC-led output cuts and U.S. sanctions kept the supply outlook tight enough to hold futures near five-month highs......»»

Category: topSource: reutersApr 3rd, 2019

United States Oil (USO) sanctions on Venezuelan petroleum products have cemented support for oil prices

United States Oil (USO) sanctions on Venezuelan petroleum products have cemented support for oil prices Brent crude oil prices on Thursday hit their highest so far this year, pushed up by ongoing supply cuts led by OPEC and.....»»

Category: topSource: livetradingnewsMar 14th, 2019

Oil rises 2 percent on hopes of market rebalance, trade deal

Crude prices rose nearly 2 percent on Wednesday, with Brent hitting its highest this year, on hopes that oil markets will balance later this year, helped by output cuts from top producers as well as U.S. sanctions on OPEC members Iran and Venezuela......»»

Category: topSource: reutersFeb 20th, 2019

Oil hovers near six-month high as U.S. stockpile build counters supply fears

Oil prices hovered near six-month highs on Wednesday after data showed U.S. crude stockpiles surged to their highest levels since October 2017, countering fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran......»»

Category: topSource: reutersApr 24th, 2019

Oil eases on U.S. crude stock build but holds near five-month high

Oil prices edged down on Wednesday after U.S. government data showed a surprise build in crude inventories, but futures held near their highest in almost five months as OPEC-led output cuts and sanctions on Iran tightened the supply outlook......»»

Category: topSource: reutersApr 3rd, 2019

Oil nears $70, hovers near 5-month highs on cuts, sanctions

Oil prices steadied Wednesday after Brent pushed toward a nearly five-month high of $70 a barrel on OPEC-led supply cuts and U.S. sanctions, with gains capped by a surprise increase in American inventories......»»

Category: topSource: moneycentralApr 3rd, 2019

Oil nears $70, hovers near 5-month highs on cuts, sanctions

Oil prices steadied Wednesday after Brent pushed toward a nearly five-month high of $70 a barrel on OPEC-led supply cuts and U.S. sanctions, with gains capped by a surprise increase in American inventories......»»

Category: topSource: moneycentralApr 3rd, 2019

Oil nears $70, hovers near five-month highs on cuts and sanctions

Oil prices steadied on Wednesday after Brent pushed towards a nearly five-month high of $70 a barrel on OPEC-led supply cuts and U.S. sanctions, with gains capped by a surprise increase in American inventories......»»

Category: topSource: reutersApr 3rd, 2019

Brent nears $70 as oil prices rise for fourth day

Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected rise in U.S. inventories......»»

Category: topSource: reutersApr 3rd, 2019

Brent approaches $70 as oil prices rise for fourth day

Oil prices rose for a fourth day on Wednesday, with support from OPEC-led supply cuts and U.S. sanctions overshadowing an industry report showing an unexpected rise in U.S. inventories last week......»»

Category: topSource: reutersApr 2nd, 2019

Oil hits 2019 high as supply squeeze looms; Brent nears $70 per barrel

Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»

Category: topSource: reutersApr 2nd, 2019

Oil hits 2019 high as supply squeeze looms, Brent nears $70 per barrel

Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»

Category: topSource: reutersApr 2nd, 2019

Oil hits 2019 high on signs of tighter supply; Brent eyes $70 a barrel

Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»

Category: topSource: reutersApr 2nd, 2019

Crude Oil Marks Biggest Quarterly Rise Since 2009

$USO, $OIL FLASH: Crude Oil prices rose about 1% Friday, posting their biggest Quarterly rise in 10 years, as US sanctions against Iran and Venezuela as well as OPEC-led supply cuts o.....»»

Category: topSource: livetradingnewsMar 31st, 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

Oil heads for biggest quarterly rise since 2009

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 biggest quarterly rise since 2009

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