Advertisements


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 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 settles 1 percent higher on hopes of market rebalance, trade deal

Crude prices rose more than 1 percent on Wednesday to their highest level 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

Brent oil eases from 2019 highs as markets await trade talks outcome

Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel demand this year, although supply cuts led by producer cartel OPEC still meant markets were relatively tight......»»

Category: topSource: reutersFeb 18th, 2019

Oil dips on global economic slowdown, but OPEC-led cuts provide support

Oil prices dipped on Wednesday on increasing signs of a global economic slowdown, although OPEC-led supply cuts helped support Brent crude above $60 per barrel......»»

Category: topSource: reutersJan 15th, 2019

Oil prices dip on signs of economic slowdown, but OPEC-led cuts provide support

Oil prices dipped on Wednesday on increasing signs of a global economic slowdown, although OPEC-led supply cuts helped support Brent crude above $60 per barrel......»»

Category: topSource: reutersJan 15th, 2019

Oil drops on concerns of economic downturn, but OPEC cuts support

U.S. oil prices fell on Friday after the United States showed signs of following Asia into an economic slowdown, although crude supply withdrawals by producer club OPEC prevented prices from dropping even further......»»

Category: topSource: reutersJan 3rd, 2019

In Asia: Gold Flat, USD Firm, Stocks Cautious + Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Flat to Little Changed USD Mixed/Firm Crude Oil Steady Asian Stocks Cautious  Notes: We do not believe OPEC cuts will work this time around with Qatar go.....»»

Category: topSource: livetradingnewsDec 17th, 2018

Brent oil edges up on expected OPEC cuts; U.S. crude weaker amid swelling supply

Brent oil prices firmed on Friday on expectations that OPEC and Russia will agree some form of production cut next week, while U.S. crude was weaker due to swelling inventories......»»

Category: topSource: reutersNov 30th, 2018

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 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

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

Asia AM Digest: Yen Eyes Risk Trends, CAD May Fall on OPEC Update

DailyFX com Weekend Developments OPEC Oil PBOC RRR Cuts EU Response to US Auto Tariff Threat Crude oil prices started off the new week with declines after Friday s impressive performance saw it rally the most in a single day 5 32 since November 2016 There.....»»

Category: futuresSource: nasdaqJun 25th, 2018

Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions

Crude prices have received broad support from voluntary supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC) aimed at tightening the market.....»»

Category: topSource: business-standardMay 18th, 2018

Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions

SINGAPORE (Reuters) - Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran......»»

Category: topSource: reutersMay 18th, 2018

Oil steady on OPEC cuts, strong demand and looming Iran sanctions

SINGAPORE (Reuters) - Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran......»»

Category: topSource: reutersMay 17th, 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 hovers near 2019 highs amid OPEC cuts

Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy......»»

Category: topSource: reutersFeb 21st, 2019

Oil hovers near 2019 highs amid OPEC cuts, but economic slowdown weighs

Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy......»»

Category: topSource: reutersFeb 21st, 2019

Oil ticks over near 2019 highs amid OPEC cuts, but economic slowdown applies brakes

Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy......»»

Category: topSource: reutersFeb 20th, 2019

Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela

Oil prices hovered just below 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran......»»

Category: topSource: reutersFeb 20th, 2019