oil - page 11

Oil Surplus Vanishes Ahead of Iran Deadline

EghtesadOnline: An overhang of unsold crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to US sanctions and a new rally in prices.

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Publish Date:04/September/2018 | 24:12

China Rejects US Sanctions, Vows to Continue Iran Crude Purchase

EghtesadOnline: As the US and Iran continue to trade barbs over the reimposition of economic sanctions against the Islamic Republic, China is also entering the verbal fray.

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Publish Date:18/August/2018 | 10:58

Oil Rises as Restrictions on Iran Tighten Supply

EghtesadOnline: Oil prices rose on Tuesday with the reimposition of US sanctions against major crude exporter Iran expected to tighten global supply. Spot Brent crude oil futures were $74.17 per barrel, up 42 cents, or 0.6%, from their last close, CNBC reported.

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Publish Date:08/August/2018 | 07:35

Iran Criticizes Moscow-Riyadh Efforts to Ramp Up Oil

EghtesadOnline: A senior Iranian energy official criticized Russia and Saudi Arabia for ramping up oil output, saying they were breaking a production agreement between OPEC and Moscow and would strengthen the US effort to impose sanctions on Tehran.

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Publish Date:07/August/2018 | 09:46

Oil steady as U.S.-Iran row balances trade worries

EghtesadOnline: Oil prices steadied on Tuesday as rising tension between the United States and Iran highlighted risks to supply while escalating trade disputes raised the prospect of slower economic growth and perhaps weaker energy demand.

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Publish Date:24/July/2018 | 10:41

Oil's Bounce From Worst Week in Two Years Capped by Shale Fears

EghtesadOnline: While oil is rebounding from its biggest weekly decline in two years, gains are still being limited by concern over a resurgence in U.S. shale output.

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Publish Date:12/February/2018 | 09:54

OPEC Head Says Oil Cuts ‘Only Viable Option’ to Stabilize Market

EghtesadOnline: The oil market is re-balancing at a quickening pace and production cuts are the “only viable option” to restore stability, OPEC Secretary-General Mohammad Barkindo said.

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Publish Date:13/November/2017 | 11:00

Oil Trades Near 2-Year High After Saudi Prince Purges Officials

EghtesadOnline: Oil traded near the highest level in two years after Saudi Arabia’s Crown Prince, Mohammed bin Salman, ousted officials during an anti-graft probe in the world’s biggest crude exporter.

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Publish Date:06/November/2017 | 11:51

Oil Extends Gains as OPEC Says All Options Open on Re-Balancing

EghtesadOnline: Oil extended gains as OPEC and its allies reiterated that all options are open to re-balance the market.

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Publish Date:23/October/2017 | 05:40

Stocks Drop, Yen Jumps After Korea Missile Launch

EghtesadOnline: Asian stocks fell and the yen gained after North Korea fired a ballistic missile over Japan, promising to fan simmering tensions with the U.S. Gold extended a rally above $1,300 an ounce and oil rebounded as investors weighed the damage from Tropical Storm Harvey.

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Publish Date:29/August/2017 | 05:36

Oil prices rise on signs of tightening market

EghtesadOnline: Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the United States.

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Publish Date:22/August/2017 | 07:39

Gold's Rally Against Oil Is Just Beginning

EghtesadOnline: Even as some analysts decry that gold is looking expensive, the rally may be just getting going.

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Publish Date:22/August/2017 | 04:50

Oil jumps three percent as dollar falls, U.S. rig count drops

EghtesadOnline: Oil prices rose sharply on Friday, as the dollar fell and U.S. drillers cut rigs, feeding a rally that boosted global benchmark Brent crude to a weekly gain while U.S. crude was virtually flat on the week.

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Publish Date:19/August/2017 | 09:12

Trump's Paris Adieu Is a Win for Coal and Oil But Not a Big One

EghtesadOnline: The biggest winners in President Donald Trump’s decision to walk away from the Paris climate accord are oil , coal and natural gas producers. And even they aren’t popping Champagne corks.

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Publish Date:03/June/2017 | 04:10

Big Oil Replaces Rigs With Wind Turbines

EghtesadOnline: Big oil is starting to challenge the biggest utilities in the race to erect wind turbines at sea.

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Publish Date:25/March/2017 | 07:13

Oil Gains as Saudis See Steady Output After U.S. Stockpiles Rise

EghtesadOnline: Oil rose after dropping the most in a month as Saudi Arabia said it won’t boost output to capacity and flood a market that’s contending with a global inventory overhang of crude and fuel supplies.

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Publish Date:01/September/2016 | 08:49