Iran Says Will Launch Oil Futures by Oct. 22

EghtesadOnline: National Iranian Oil Company announced that it will launch crude oil futures by the last week of October, with one million barrels of crude oil to be offered on Iran Energy Exchange international platform.

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Publish Date:13/October/2018 | 07:13

Iran Energy Exchange to Start Trade in Oil Futures

EghtesadOnline: Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer.

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Publish Date:02/October/2018 | 06:08

Oil sinks while stocks gain on North Korea, euro shaken by Italy

EghtesadOnline: U.S. oil futures sank to six-week lows on Monday on expectations that major producers may raise output, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still working towards holding a summit.

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Publish Date:28/May/2018 | 09:10

Crude Nears $70 With Traders on Edge Ahead of Iran Deal Decision

EghtesadOnline: Oil futures in New York zeroed in on $70 a barrel as traders brace for a re-imposition of U.S. sanctions on Iran.

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Publish Date:05/May/2018 | 11:12

Oil prices fall as U.S. rig count stokes oversupply worries

EghtesadOnline: Oil futures dipped on Monday as a higher U.S. rig count indicated rising shale output and stoked worries about global oversupply, while a stronger dollar also pressured prices.

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Publish Date:03/April/2017 | 04:55

Crude prices rise as investors bet big on oil strength

EghtesadOnline: Crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year.

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Publish Date:21/February/2017 | 05:35

Oil prices bounce back after week of sharp falls

EghtesadOnline: Oil futures rose on Monday, with traders citing opportunistic buying following sharp declines in the previous week that brought prices to their lowest since early August because of ongoing weak fundamentals.

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Publish Date:07/November/2016 | 05:13

Oil prices reverse early losses, but glut worries cap gains

EghtesadOnline: Crude prices reversed early losses on Monday as the dollar lost its momentum, but persistent concerns over a global glut despite some signs producers may try to tackle weak oil futures kept a lid on gains.

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Publish Date:05/September/2016 | 08:27

Oil prices rise as dollar comes off two-week high

EghtesadOnline: Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices.

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Publish Date:30/August/2016 | 07:30