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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

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

Oil prices steady amid worries of severe economic slowdown

Oil prices were steady on Monday, with concerns of a sharp economic slowdown competing with support from tighter supply due to OPEC's production cutbacks and U.S. sanctions on Iran and Venezuela......»»

Category: topSource: reutersMar 25th, 2019

Oil prices slip amid worries of severe economic slowdown

Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC's production cutbacks and from U.S. sanctions on Iran and Venezuela......»»

Category: topSource: reutersMar 25th, 2019

Oil slips on economic slowdown, but OPEC-led cuts still support

Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela......»»

Category: topSource: reutersMar 18th, 2019

Oil eases on economic worries, but OPEC-led cuts support

Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela......»»

Category: topSource: reutersMar 17th, 2019

Futures Movers: Oil looks to extend last week’s rise, but traders wary of rising OPEC, U.S. output

Oil prices climb on Monday, poised to extend last week’s gains, with traders still showing concern over Iran sanctions, but wary of OPEC’s ability to offset crude supply declines and growing U.S. production......»»

Category: topSource: marketwatchMay 14th, 2018

Oil holds gains as markets tighten amid OPEC cuts, Iran sanctions

U.S. crude is not far off its November 2014 high......»»

Category: topSource: foxnewsMay 15th, 2018

Oil markets firm amid OPEC cuts, Iran sanctions

U.S. crude is not far off its November 2014 high......»»

Category: topSource: foxnewsMay 15th, 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

OPEC, Russia to Discuss Output as Iran Sanctions Bite

OPEC and its Russia-led counterparts meet this weekend to gauge whether they need to boost output amid U.S. sanctions on Iran as international oil prices flirt with multiyear highs......»»

Category: smallbizSource: wsjSep 20th, 2018

Oil prices mixed as Trump calls on OPEC to lower prices

OPEC and its allies are scheduled to meet on Sunday in Algeria to discuss how to allocate supply increases to offset a shortage of Iran supplies due to U.S. sanctions......»»

Category: topSource: foxnewsSep 21st, 2018

Oil prices rise on supply concerns ahead of producers meeting

OPEC and its allies are scheduled to meet on Sunday in Algeria to discuss how to allocate supply increases to offset a shortage of Iran supplies due to U.S. sanctions......»»

Category: topSource: foxnewsSep 21st, 2018

Oil slips as OPEC reportedly weighs increasing output

Reuters/Heinz-Peter Bader Oil prices fell more than 1% on Friday. OPEC may boost output to try to counter a supply squeeze from US sanctions against Iran. Watch oil trade in real time here. Oil prices fell Friday amid reports OPEC is considerin.....»»

Category: topSource: businessinsiderSep 21st, 2018

Oil near four-year high as producers resist output rise to offset Iran sanctions

Oil prices on Tuesday were within reach of four-year highs hit in the previous session, as looming U.S. sanctions against Iran and unwillingness by the Organization of the Petroleum Exporting Countries (OPEC) to raise output supported the market......»»

Category: topSource: reutersSep 25th, 2018

Oil just below four-year high as producers resist output rise to offset Iran sanctions

Oil prices on Tuesday were holding just below four-year highs hit in the previous session, as looming U.S. sanctions against Iran and unwillingness by the Organization of the Petroleum Exporting Countries (OPEC) to raise output supported the market......»»

Category: topSource: reutersSep 25th, 2018

Oil extends rally as Trump reiterates commitment to Iran sanctions

Crude oil prices shot to a four-year high on Tuesday, catapulted by imminent U.S. sanctions on Iranian crude exports and the apparent reluctance of OPEC and Russia to raise output to offset the potential hit to global supply......»»

Category: topSource: reutersSep 25th, 2018

OPEC oil output boost in September limited by Iran losses: Reuters survey

OPEC delivered only a limited increase in oil production in September, a Reuters survey has found, as a cut in Iranian shipments due to U.S. sanctions offset higher output in Libya, Saudi Arabia and Angola......»»

Category: topSource: reutersOct 1st, 2018

Oil edges up amid OPEC cuts, U.S. sanctions on Iran and Venezuela

Oil prices edged up on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although surging U.S. production and concerns over economic growth kept markets in check......»»

Category: topSource: reutersFeb 11th, 2019

Oil rises on OPEC cuts, U.S. sanctions on Iran and Venezuela

Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although surging U.S. production and concerns over economic growth kept markets in check......»»

Category: topSource: reutersFeb 11th, 2019