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Oil Climbs to 5-Month High Amid OPEC Cuts

EghtesadPnline: Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela , fighting in Libya as well as strong US jobs data.
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Publish Date:09/April/2019 | 13:01

Venezuela Model Not Applicable to Iran

EghtesadOnline: The United States is adopting hostile policies toward both Iran and Venezuela but the model it is using for the Latin American country is not applicable to Tehran, given the economic, geopolitical and domestic structural differences between the two oil-rich countries, an analyst said.
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Publish Date:02/March/2019 | 24:15

Venezuela 's Maduro denounces election call but says ready to talk

EghtesadOnline: Venezuela ’s embattled President Nicolas Maduro rejected an international ultimatum to call elections within eight days and said opposition leader Juan Guaido had violated the country’s constitution by declaring himself leader.
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Publish Date:27/January/2019 | 14:44