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Saudi can raise oil output but will assess impact of Iran waivers ending: source

Saudi Arabia is willi.....»»

Category: topSource: reutersApr 22nd, 2019

Oil: Saudi"s Falih sees no need for swift output action after Iran waivers end

Saudi Arabia's energy minister said on Wednesday he saw no need to raise oil output immediately after the United States ends waivers granted to buyers of Iranian crude. David Pollard reports......»»

Category: videoSource: reutersApr 24th, 2019

Oil higher as U.S. Iran sanctions raise supply concerns

Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States could together raise output fast enough to offset falling supplies......»»

Category: topSource: reutersSep 17th, 2018

Oil higher as U.S. sanctions on Iran raise supply concerns

Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States could together raise output fast enough to offset falling supplies......»»

Category: topSource: reutersSep 17th, 2018

Upset by Trump"s Iran waivers, Saudis push for deep oil output cut

When U.S. President Donald Trump asked Saudi Arabia this summer to raise oil production to compensate for lower crude exports from Iran, Riyadh swiftly told Washington it would do so......»»

Category: topSource: reutersNov 15th, 2018

Barclays cuts 2020 oil price outlook on price war, virus impact

Barclays on Tuesday slashed its oil price forecasts for 2020, citing OPEC's failure to convince its allies including Russia to cut production further, which led to Saudi Arabia saying it would raise its output in April despite sluggish global demand......»»

Category: topSource: moneycentralMar 10th, 2020

Barclays cuts 2020 oil price outlook on price war, virus impact

Barclays on Tuesday slashed its oil price forecasts for 2020, citing OPEC's failure to convince its allies including Russia to cut production further, which led to Saudi Arabia saying it would raise its output in April despite sluggish global demand......»»

Category: topSource: reutersMar 10th, 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 falls after Trump presses OPEC to make up for Iranian sanctions

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, 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 falls after Trump urges greater OPEC output to replace Iranian oil

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran......»»

Category: topSource: reutersApr 28th, 2019

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

OPEC to scrap April meeting but keep oil cuts in place

OPEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of U.S. sanctions on Iran and the crisis in Venezuela. Ciara Lee reports.....»»

Category: topSource: moneycentralMar 18th, 2019

OPEC to scrap April meeting but keep oil cuts in place

OPEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of U.S. sanctions on Iran and the crisis in Venezuela. Ciara Lee reports.....»»

Category: videoSource: reutersMar 18th, 2019

US Quits Iran Deal, Expect Saudis to Boost Crude Oil Output

US Quits Iran Deal, Expect Saudis to Boost Crude Oil Output $OIL, $USO Saudi Arabia is monitoring the impact of the US withdrawal from the Iran nuclear dea.....»»

Category: topSource: livetradingnewsMay 9th, 2018

Saudi Arabia: OPEC and Russia to pump more oil "in the near future"

Saudi Arabia says OPEC and Russia could supply more oil to world markets "in the near future" to make up for a collapse in Venezuelan output and the impact of US sanctions on Iran......»»

Category: topSource: cnnMay 25th, 2018

Saudi Arabia, Russia plan to raise oil production by 1 mn barrels/day

OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going too far, OPEC and oil industry source.....»»

Category: topSource: business-standardMay 25th, 2018

OPEC eyes deal as Saudis propose plan for higher output

The odds of OPEC reaching an oil-production deal increased as Iran edged away from a threat to veto any agreement that would raise output and Saudi Arabia put forward a plan that would add about 600,000 barrels a day to the global market......»»

Category: topSource: moneycentralJun 20th, 2018

OPEC eyes deal as Saudis propose plan for higher output

The odds of OPEC reaching an oil-production deal increased as Iran edged away from a threat to veto any agreement that would raise output and Saudi Arabia put forward a plan that would add about 600,000 barrels a day to the global market......»»

Category: topSource: moneycentralJun 20th, 2018

OPEC strives for oil deal as Iran insists on modest rise in output

VIENNA (Reuters) - OPEC's leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet rising global demand, with Iran still signaling it would support only a modest increase in supply......»»

Category: topSource: reutersJun 21st, 2018