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Oil Prices Rise as Producers Talk Up Efforts to Rein in Supply

EghtesadOnline: Oil prices climbed on Friday, on track for a third consecutive weekly gain, pulled higher by major oil producers’ efforts to hold back output amid concerns about economic recovery from the coronavirus pandemic.
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Publish Date:22/August/2020 | 13:03

Crude Prices Snap 4-Day Winning Streak

EghtesadOnline: Oil prices fell for the first time in four days on Wednesday, slipping from as much as five-month highs as mounting coronavirus cases worldwide and in the United States undercut market confidence about a potential pickup in fuel demand.
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Publish Date:06/August/2020 | 18:41

Putin Government Rewriting Budget at $20 Oil in 2020

EghtesadOnline: President Vladimir Putin’s government is rewriting its budget to prepare for oil prices at $20 a barrel this year despite US-led efforts to get major producers to rein in production.
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Publish Date:05/April/2020 | 19:30

Coronavirus Visiting Int’l Oil Prices

EghtesadOnline: Oil prices slumped to their lowest in more than a year on Friday and were set for their steepest weekly fall in more than four years as the spread of the coronavirus stokes fears of slowing global demand.
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Publish Date:29/February/2020 | 06:33

Oil Prices Steady as Coronavirus-Related Demand Concerns Weigh

EghtesadOnline: Oil prices changed little Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output cuts from major producers will tighten crude supply.
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Publish Date:19/February/2020 | 05:01

Brent, WTI Extend Decline

EghtesadOnline: Oil prices extended declines on Monday, dragged down by worries about lower demand in the world’s largest oil importer China following the coronavirus breakout.
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Publish Date:04/February/2020 | 13:19

Oil Hits $70

EghtesadOnline: Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a US air strike which martyred a top Iranian military commander in Iraq.
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Publish Date:07/January/2020 | 13:13

US Oil Prices Up 50%

EghtesadOnline: Venezuela is in chaos. Iran is grappling with US sanctions. And now there is a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing back above $64 a barrel.
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Publish Date:13/April/2019 | 14:38

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

Tehran Stocks Lifted by Oil Rise

EghtesadOnline: Tehran's main stock market closed higher on Saturday buoyed by rising oil prices and renewed appeal toward auto and bank shares.
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Publish Date:20/January/2019 | 24:39

U.S.-China trade hopes lift world stocks, oil soars

EghtesadOnline: World stocks extended their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching toward a trade deal, soothing fears of an all-out trade war.
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Publish Date:09/January/2019 | 13:44

Oil rises 2 percent on U.S.-China trade talk optimism

EghtesadOnline: Oil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world’s two largest economies would resolve their trade standoff.
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Publish Date:09/January/2019 | 13:39

Tehran Stocks Start Week Strongly

EghtesadOnline: Refinery and chemical shares led a broad market rally Saturday, lifting TEDPIX and IFX to their second consecutive day of gains. Stocks began the day in positive territory and steadily climbed higher as investor sentiment was boosted after gains in global oil prices over the weekend.
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Publish Date:30/December/2018 | 11:19

Tehran Stocks Extend Gains on Trade Optimism

EghtesadOnline: Tehran stocks closed higher for a second straight session on Monday, supported by expectation of improved global trade atmosphere in the wake of the China-US trade truce and hike in international oil prices .
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Publish Date:04/December/2018 | 11:07

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