Pressured by the dollar’s broad strength. the Aussie has slid despite an upbeat budget from the country’s government.
Read More »As Trump Pulls Out of Iran Deal. Asia Mulls Impact on Oil Supplies
During the last round of sanctions. Iran'.s oil supplies fell by around 1 million barrels per day (bpd).
Read More »Oil Tops $70 as Supply Optimism Overshadows Iran Deal
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.
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