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ReutersOil eases, signs of demand slowing as price nears $80ReutersPhysical crude markets are sagging under the weight of unsold barrels of oil, while the 50-percent rise in the oil price in the last year is encouraging major companies such as ExxonMobil (
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CNBCOil dips on signs of ample supply despite OPEC cuts, Iran sanctionsReutersSINGAPORE, May 16 (Reuters) - Oil prices fell on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cartel OPEC and looming U.S. sanctions against
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ReutersOil hits multi-year high on tight supply, Iran sanctionsReutersBrent crude oil LCOc1 reached $79.22 a barrel, up 99 cents and its highest since November 2014. By 1100 GMT, Brent was up 90 cents at $79.13. U.S. light crude was 60 cents higher at $71.
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ReutersOil hits new multi-year high on tight supply, planned Iran sanctionsReutersBrent crude oil LCOc1 reached $79.02 a barrel, up 79 cents and its highest since November 2014. By 0955 GMT, Brent was up 70 cents at $78.93. U.S. light crude was 40 cents hi
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ReutersOil near November 2014 highs firm as markets tighten amid OPEC cuts, Iran sanctionsReutersWith renewed U.S. sanctions looming against OPEC-member Iran and oil demand strong, analysts said crude prices were well supported. “The commitment of Saudi Ar
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ReutersOil cautious on rise in US drilling, Iran sanctions oppositionReutersStill, crude prices were near more than three-year-highs reached last week as markets expect Iran's oil exports to fall significantly once U.S. sanctions bite later this year.
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ReutersOil prices remain near multi-year highs on looming US sanctions against IranReutersThe United States plans to re-introduce sanctions against Iran, which produces around 4 percent of global oil supplies, after abandoning an agreement reached in late
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ReutersOil prices hit highest in years as markets adjust to looming sanctions on IranReutersThe United States plans to impose new sanctions against Iran, which produces around 4 percent of global oil supplies, after abandoning an agreement reached in late
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ReutersOil surges on Venezuela-Conoco dispute, Iran sanction worriesReutersOil surges on Venezuela-Conoco dispute, Iran sanction worries. Ayenat Mersie. 3 Min Read. NEW YORK (Reuters) - Oil prices rose for the fourth straight day on Monday to hit levels no
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ReutersOil prices reach highest since November 2014 on Venezuela, Iran worriesReutersAnalysts warned that the deepening economic crisis in major oil exporter Venezuela threatened to further crimp its production and exports. Shannon Rivkin, investment direc
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