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U.S. President Donald Trump has called on OPEC to raise production to cool down oil prices.
Read More »Oil Tariff Quarrel Is Short-Term Gain. Long-Term Pain
Oil Min: OPEC should Stick to Its Production Limits
Zanganeh said that Iran would try to maintain its export levels in the face of US sanctions.
Read More »NOPEC Act would Allow US to Sue OPEC for Manipulation Oil Prices
Higher oil prices help U.S. shale producers.
Read More »Iran may Accept OPEC Oil Production Increase with Conditions
The condition means no other country has the right to compensate for another country’s oil production decrease.
Read More »China`s Tariffs on US Oil to Disrupt $1B Monthly Trade
China'.s aggressive riposte to Trump took some in the industry by surprise.
Read More »Asian Markets in Negative Territory
In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.
Read More »Oil Drops near $64 as OPEC Clash Looms
OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day.
Read More »China Threatens Duty on U.S. Crude Imports
China on Friday said it would retaliate by slapping duties on American export products. including crude oil.
Read More »Oil Fell on China Tariffs. Expected OPEC Supply Rise
China retaliated by slapping duties on American export products. including crude oil.
Read More »Iran Oil Exports Slide in Early Ship Data after Trump Sanctions
One bright spot for Iran is its first delivery of crude to Chile in at least 16 years.
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