Ahead of official numbers. API data shows sizable declines in US crude inventories.
Read More »New US Sanctions on Iran Aren`t Likely To Have a Significant Impact
Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.
Read More »Asia Markets Mostly Up after Wall St Surge. Iran Fears Boost Oil
Traders are also nervously awaiting Trump'.s decision on whether or not to continue with the Iran nuclear deal. which he has in the past derided.
Read More »Oil Market Strengthen as Trump Threatens Iran Deal Exit
Iran appears to be ramping up its oil exports ahead of the likely sanctions.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Iran Oil Exports Hit Record in April
Iran'.s oil exports to India were over 50% higher than that of last fiscal year.
Read More »Oil Market is Awaiting Trump Decision on Iran’s Nuclear Program due May 12
Oil turns higher as dollar moves. looming decision on Iran sanctions tug at market.
Read More »Oil Steady on Iran Sanction Worries. Surging U.S. Supplies
U.S. crude inventories rose by 3.4 million barrels to 432.575 million in the week to March 27.
Read More »China Call to Continue Supporting Iran Nuclear Deal
China. a permanent member of the U.N. Security Council. is one of the architects of the agreement.
Read More »Oil Heads for Monthly Gain on Iran Risks and as OPEC Clears Glut
Concerns rise that US exit from nuclear deal with Tehran will result in sanctions on Iranian oil and reduced exports.
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