Saudi Arabia may cut oil production
Oil rose by more than 1 percent on Monday, set for its largest one-day increase in a month after Saudi Arabia said OPEC and its partners believed demand was softening […]
Oil
Iran sanctions: which scenario for oil prices in the next month?
The Trump administration has dropped the hammer, officially putting sanctions on Iran’s oil exports. The U.S. granted waivers to eight countries, allowing them to continue to import oil from Iran […]
Iran sanctions: Saudi Arabia ready to increase oil output
With Washington poised to curtail Iran’s oil exports, OPEC heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, analysts say. The […]
Oil market: waiting for Iran sanctions
The U.S. has agreed to let eight countries – including Japan, India and South Korea – keep buying Iranian oil after it reimposes sanctions on the OPEC producer on November […]
Low Rhine water levels affect oil output
Water levels on the Rhine River fell to a record low on Thursday and were forecast to fall even further, hampering oil product barge trading in northwest Europe. Water levels […]
Oil prices: Iran is the biggest factor
Crude oil prices have kept rising since the beginning of the year, even managing to reach record highs that were last seen in November 2014. What is surprising is that […]
Amid US-Saudi Arabia tensions, oil prices rise
Crude oil futures rose on Monday as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked worries about supply, although concerns about the long-term outlook for demand dragged […]
Oil price: Iran output could be a problem
Iran’s crude export numbers are falling much faster than many analysts anticipated ahead of planned U.S. sanctions on the country’s oil sector on November 4. Still, we don’t have an […]