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Oil Prices Up on Iran Sanctions While Future Contracts Decline

EghtesadOnline: Crude oil prices rose more than 1% on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline since investors worried that global trade disputes could slow economic growth and hurt energy demand.
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Publish Date:12/August/2018 | 07:03

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

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

OPEC sees strong oil market, possible need for more output

EghtesadOnline: Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the market could absorb extra production from the group.
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Publish Date:19/June/2018 | 10:37

Asian shares, oil fall as U.S.-China trade spat escalates

EghtesadOnline: Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.
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Publish Date:18/June/2018 | 08:59

Oil falls as investors brace for output increases

EghtesadOnline: Oil edged lower on Tuesday, pressured by expectations that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall.
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Publish Date:29/May/2018 | 11:05

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

Oil prices firm with Brent nearing $80 on supply worries

EghtesadOnline: Oil prices rose on Tuesday, with Brent edging closer to $80 per barrel, on concerns that Venezuela’s crude output could drop further following a disputed presidential election and potential U.S. sanctions on the OPEC-member.
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Publish Date:22/May/2018 | 07:15

Strong dollar hits Asian share markets, oil surges

EghtesadOnline: Asian shares skidded on Tuesday as a strong dollar sapped demand for emerging market assets while surging oil prices stoked concerns about a flare-up in inflation and faster U.S. interest rate increases.
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Publish Date:22/May/2018 | 07:02

Asia stocks pull back as investors eye new risks; oil higher

EghtesadOnline: Asian stocks pulled back on Tuesday, brushing off a firmer Wall Street lead and pausing a recent rally, as investors remained cautious about key economic and political risks, while supply concerns kept crude oil prices near 3-1/2-year highs.
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Publish Date:15/May/2018 | 05:29

Oil soars, shares rattled as Trump dumps Iran nuclear deal

EghtesadOnline: Crude oil prices jumped back to near 3 1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, sparking worries about global oil supplies.
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Publish Date:09/May/2018 | 05:58

Oil surges to fresh highs on growing supply worries

EghtesadOnline: Oil prices rose to their highest levels since late-2014 on Monday, boosted by Venezuela’s deepening economic crisis and a looming decision on whether the United States will re-impose sanctions on Iran.
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Publish Date:07/May/2018 | 10:44

CI: No Change in Iran CA Surplus Until 2020

EghtesadOnline: Capital Intelligence Ratings (CI Ratings), the international credit rating agency, said Iran’s current account surplus is expected to have increased to 4.5% of GDP in 2017, which was 4% in 2016 following the moderate rebound in oil prices .
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Publish Date:06/May/2018 | 07:16

Oil Shrugs Off Trump Tweet to Rise for a Second Straight Week

EghtesadOnline: Oil rose for a second straight week as OPEC’s commitment to rebalance the market and geopolitical risks to global supplies overshadowed U.S. President Donald Trump’s tweet on “artificially Very High” prices.
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Publish Date:21/April/2018 | 13:45

U.S. Stock Futures Rally, Bonds Fall After Syria

EghtesadOnline: U.S. stock futures rallied and bonds fell with oil as traders speculated there would be limited repercussions from the weekend’s missile strikes in Syria.
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Publish Date:16/April/2018 | 24:00