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Iranian Crude Stocks Are Up With The Sanctions Looming

Production in Iran increased last week with the sanctions looming, and global storage built  Si.....»»

Category: blogSource: valuewalkJul 23rd, 2018

Oil faces a month of mayhem as geopolitical risks rise

Plunging Venezuelan crude production; sanctions disrupting Iranian oil exports; Saudi Arabia pushing for even higher prices; North Korea peace talks -- the coming weeks bring an abundance of risks for the oil market......»»

Category: topSource: moneycentralMay 7th, 2018

London Markets: FTSE edges lower, but ends near 14-week high as oil’s drop offsets Shire stock rally

U.K. stocks books a tiny loss Tuesday, as oil-and-gas shares fell along with oil futures ahead of a closely watched decision on a resumption of Iranian sanctions by the U.S......»»

Category: topSource: marketwatchMay 8th, 2018

Trump"s Iran Sanctions Put Oil Buyers in a Bind

Washington’s decision to reinstate Iranian sanctions threatens to slowly cut off a chunk of the world’s crude supply—a shift that could redraw global supply lines and require Iran’s big customers to find alternative sources......»»

Category: smallbizSource: wsjMay 9th, 2018

London Markets: FTSE 100 rises, as oil rally buoys BP and Shell

Oil producer stocks help drive London’s blue-chip benchmark higher Wednesday, as oil prices climb to levels not seen since 2014 in the wake of the U.S. decision to resume Iranian sanctions......»»

Category: topSource: marketwatchMay 9th, 2018

Trump"s Iran Sanctions to Shake Up Oil Supply Lines

Washington’s decision to reinstate Iranian sanctions is likely to slowly cut off a chunk of the world’s crude supply—a shift that could redraw global supply lines and require Iran’s big customers to find alternative sources......»»

Category: smallbizSource: wsjMay 9th, 2018

London Markets: FTSE 100 jumps to 4-month high, as oil rally buoys BP and Shell

Oil producer stocks helped drive London’s blue-chip benchmark higher Wednesday, as oil prices climb to levels not seen since 2014 in the wake of the U.S. decision to resume Iranian sanctions......»»

Category: topSource: marketwatchMay 9th, 2018

Crude prices rise despite Saudi pledge to ‘mitigate’ U.S. sanctions

President Trump’s decision to scrap the Iran nuclear deal and reimpose sanctions has sent global buyers of Iranian oil scrambling to line up other sources of supply......»»

Category: topSource: washpostMay 9th, 2018

Crude prices rise despite Saudi pledge to ‘mitigate’ effect of U.S. sanctions on Iranian exports

President Trump’s decision to scrap the Iran nuclear deal and reimpose sanctions has sent global buyers of Iranian oil scrambling to line up other sources of supply......»»

Category: topSource: washpostMay 9th, 2018

Oil prices hit highest in years as markets adjust to looming sanctions on Iran

SINGAPORE (Reuters) - Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market......»»

Category: topSource: reutersMay 9th, 2018

After Trump"s sanctions, European oil traders to cut down on Iranian crude

The Trump administration has given buyers 180 days to wind down imports after pulling out of a landmark nuclear deal with world powers.....»»

Category: topSource: business-standardMay 10th, 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

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 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 Market To Be ‘Finely Balanced’ in 2019: IEA

The International Energy Agency (IEA) sees both supply of and demand for crude oil rising both this year and into 2019. Given sanctions against Iranian exports and Venezuelan production declines,........»»

Category: blogSource: 247wallstJun 13th, 2018

Asia shares struggle with trade fears, oil holds gains

SYDNEY (Reuters) - Asian shares were subdued on Wednesday as weakness in Chinese stocks and the yuan weighed on sentiment, while oil held hefty gains as the United States pressured allies to stop buying Iranian crude......»»

Category: topSource: reutersJun 26th, 2018

Asia shares hobbled by trade fears, oil extends gains

SYDNEY (Reuters) - Asian share markets were under pressure on Wednesday as weakness in Chinese stocks and the yuan weighed on sentiment in the region, while oil climbed as the United States pressured allies to stop buying Iranian crude......»»

Category: topSource: reutersJun 27th, 2018

Asia shares sideswiped by China skid, oil extends gains

SYDNEY (Reuters) - Asian share markets were under stress on Wednesday as further falls in Chinese stocks and the yuan sent ripples across the region, while oil climbed as the United States leaned on allies to stop buying Iranian crude......»»

Category: topSource: reutersJun 27th, 2018

Oil rises on supply losses, U.S. push to isolate Iran

LONDON (Reuters) - Oil prices rose on Wednesday on a supply disruption in Canada, falling U.S. crude stocks, uncertainty over Libyan exports and after U.S. officials told importers to stop buying Iranian crude from November......»»

Category: topSource: reutersJun 27th, 2018

Oil rises on supply disruptions, large U.S. crude stock drawdown

Oil rose on Tuesday, supported by a larger-than expected U.S. stock draw and supply concerns in Norway and Libya, though gains were tempered by the United States' indication that it would consider requests for waivers from Iranian oil sanctions......»»

Category: topSource: reutersJul 10th, 2018

Oil falls after U.S. softens stance on Iranian sanction waivers

Oil prices fell on Wednesday, with Brent dropping by more than $1, after the United States said it would consider requests for waivers from sanctions due to snap back into place on Iranian crude exports......»»

Category: topSource: reutersJul 10th, 2018