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ReutersOil prices hold steady as US decision on Iran sanctions loomsReutersIran resumed its role as a major oil exporter in January 2016 when international sanctions against Tehran were lifted in return for curbs on Iran's nuclear program. Aside from s
Admin 04.05.2018 0 87

ReutersOil prices inch up on Iran sanction worriesReutersBEIJING (Reuters) - Oil prices edged up on Friday, extending the previous session's modest gains as looming geopolitical risks from possible new U.S. sanctions against Iran supported the market.
Admin 04.05.2018 0 94

Business DayWill Higher Oil Prices Destroy Demand?OilPrice.comOil prices have dipped a bit this week, but still remain at their highest levels in nearly three and a half years. The reasons are by now familiar to most readers who pay attention to the daily
Admin 04.05.2018 0 109

ReutersOil slips as OPEC, Iran worries bump against US outputReutersU.S. oil production rose to a record of 10.62 million bpd, putting it ahead of Saudi Arabia, the biggest OPEC producer. Only Russia pumps more, at around 11 million bpd. U.S. drilling for
Admin 03.05.2018 0 116

ReutersOil prices fall on rising US crude inventories, record productionReutersSINGAPORE (Reuters) - Oil prices fell early on Thursday, pulled down by a rise in U.S. crude inventories and record weekly U.S. production, which is countering efforts by produc
Admin 03.05.2018 0 109

ReutersOil prices rise on Iran sanction worries, despite surging US suppliesReutersTrump will decide by May 12 whether to restore U.S. sanctions on Tehran, which would likely result in a reduction of its oil exports. “As May 12 Iran nuclear deadline nears
Admin 02.05.2018 0 123

Treasury yields rise while dollar strength weighs on oilFinancial TimesUS Treasury yields climbed ahead of the Federal Reserve's monetary policy meeting, while oil prices fell as the US dollar extended its rally. Meanwhile, Wall Street started the new
Admin 02.05.2018 0 106

CNBCAudit Puts Aramco's Oil Reserves At 270 Billion BarrelsOilPrice.comAn international independent audit of the oil reserves of Saudi Aramco has more than confirmed the official figures released by Riyadh for three decades, putting the number at 270 b
Admin 01.05.2018 0 135

CBC.caOilpatch eager to ship more oil by rail as pipeline capacity at limitCBC.caWith no capacity to spare on pipelines out of Alberta, oilpatch leaders are desperately waiting for when they'll be able to ship more crude on rail lines. Imperial Oil red
Admin 01.05.2018 0 145

ReutersBoom time comes early to West Texas oil patchReutersAnd Midland and its neighbor Odessa, the biggest towns for miles and the regional base for major oil producers in the Permian Basin, including Occidental Petroleum Corp (OXY.N), Chevron Corp (CVX.N
Admin 01.05.2018 0 131