Oil

The US president has come under widespread criticism at home and abroad. with America’s European allies reaffirming their commitment to the nuclear accord.

With OPEC-led supply cuts supporting prices. but rising U.S. production capping crude. many analysts see markets balanced in 2018 and 2019. with Brent in a $50-$60 range.

The government of South Korea supports S Korean companies willing to invest in Iran.

OPEC would be willing to do ``whatever it takes`` to balance the oil market.

BP has a stake of nearly 20 percent in Rosneft and Dudley said he was very happy with the partnership and future projects.

U.S. sanctions could cut off a lot of Iranian oil trade finance.

Global oil stocks are likely to have fallen in Q3 for just the second time since oil prices started collapsing in 2014.

In Q4. China is not expected to build inventories. because oil demand is expected to remain strong. according to the IEA.

Kim Hyun-mi is in Tehran to attend UNESCO'.s one-day Strategic Partnership Meeting.

Oil prices were buoyed in recent weeks by shutdowns in US refineries as well as Turkey'.s threat to cut off oil flow from Iraq'.s Kurdistan region.