A flare-up in U.S.-Iran tension may be keeping oil elevated. but an actual disruption to global crude supplies is needed to keep prices at current levels.
Read More »Iran-Driven Oil Rally is a Boon to Troubled U.S. Producer
The U.S. airstrike that killed a powerful Iranian general and heightened tensions in the oil-rich region could boost the fortunes of troubled North American energy companies.
Read More »Fifth JCPOA Step to Be Decided Tonight
Foreign Ministry spokesman Abbas Mousavi said an important meeting will be held Sun. night to make decisions about the fifth step in Iran’s reduction to its commitments to the nuclear deal.
Read More »Oil Industry Braces for More Mideast Turmoil After Soleimani Killing
The U.S. assassination of one of Iran’s most powerful generals has the oil industry bracing for something it has long feared and anticipated.
Read More »Oil Caps Strongest Year Since 2016 on OPEC Cuts. Trade Truce
Oil in New York capped its biggest annual increase since 2016. as OPEC’s production cuts tempered supplies while a trade pact between the U.S. and China.
Read More »Rezaei Calls for Taking Fifth JCPOA Step ASAP
Expediency Council Secretary Mohsen Rezaei has urged taking the fifth step in Iran’s reduction to its commitments to the nuclear deal following the US’ terrorist assassination of Lt. Gen. Qasem Soleimani.
Read More »Soleimani’s Death Not to Remain Unanswered
The White House and the Pentagon confirmed the assassination of General Soleimani in Iraq.
Read More »Iran Defuses Second Cyberattack in Less Than a Week
Iran'.s telecommunications minister announced that the country has defused a second cyberattack in less than a week. this time aimed at spying on government intelligence.
Read More »Saudi Aramco Replaces Apple as World’s Largest Listed Company
Aramco is worth more than the top five oil companies – Exxon Mobil. Total. Royal Dutch Shell. Chevron. and BP – combined.
Read More »Ransomware Bypasses Antivirus Apps by Rebooting PCs in Safe Mode
The authors of the Snatch ransomware are using a never-before-seen trick to bypass antivirus software and encrypt victims'. files without being detected.
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