Iranian Crude Stocks Are Up With The Sanctions Looming

The Trump administration's decision to impose sanctions on countries that buy Iranian oil is raising concerns about global crude supply and sending oil prices to their highest levels since October......»»

Crude oil jumped almost 3% on Monday after the United States said it will take more steps to choke off Iranian oil exports, while U.S. equities were little changed as Wall Street braced for corporate results in a busy earnings week......»»

Crude oil jumped almost 3% on Monday after the United States said it will tighten a clamp-down on Iranian oil exports in May while U.S. equities were little changed as Wall Street braced for corporate results in a busy earnings week......»»

The United States on Monday demanded that all buyers of Iranian oil stop purchases effective May 1 or face sanctions, a move to choke off Tehran's oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch......»»

Oil prices jumped as the U.S. said it won't extend waivers to buy Iranian crude oil for Turkey, South Korea, China, India and Japan when those waivers expire in early May......»»

The price of crude oil surged Monday after the U.S. government moved to further block Iranian oil exports......»»

The United States on Monday said it will eliminate in May all waivers granted to eight economies allowing them to buy Iranian oil without facing U.S. sanctions, as it ratcheted up pressure to choke off all oil revenues of the Islamic Republic......»»

The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far......»»

Asian shares slipped on Monday, weighed down by underperforming Chinese stocks, while oil prices rallied on news the United States is likely to ask all importers of Iranian oil to end their purchases or face sanctions......»»

The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far......»»

The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent rise in crude prices......»»

Asian shares were steady on Monday as investors took stock of recent data suggesting global growth may be stabilizing, while oil prices spiked on a report the U.S. is likely to ask all importers of Iranian oil to end their purchases or face sanctions......»»

The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering about a 3 percent rise in crude prices......»»

Asia stocks firm, crude hits 5-month high on Iran sanctions report.....»»

Oil prices rallied more than 1 percent on Wednesday after U.S. data showing a deep drawdown in gasoline stocks overshadowed crude inventories rising to 17-month highs, and as sanctions and blackouts in Venezuela helped tighten global supply......»»

Oil prices rose on Wednesday after U.S. data showing a hefty drawdown in gasoline stocks overshadowed crude inventories rising to their highest levels in more than a year, and as sanctions and blackouts in Venezuela helped tighten global supply......»»

Iran has lost $10 billion in revenue since U.S. sanctions in November have removed about 1.5 million barrels per day (bpd) of Iranian crude from global markets, a U.S. State Department official said on Wednesday......»»

Iran is discreetly scouring the globe for second-hand oil tankers to replace its ageing fleet and keep crucial crude exports flowing as U.S. sanctions start to bite, Iranian and Western sources said......»»

Crude moved north following the Syria attack and there is more room for growth on doubts over sanctions on Iran and Russia. The Energy sector has come a long way from the mid-2014 slump. All of us remember the days when explorers ha.....»»

Oil rallies Thursday, as growing concerns over Venezuela and possible new sanctions against Iran raise the potential for tighter global crude supplies, sending prices toward their highest settlement since late 2014......»»