Iran Says Saudi Arabia And Russia Have Taken Oil Market 'Hostage': SHANA
Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage” as Trump seeks to impose fresh sanctions on Iranian oil sales.
Oil Prices Higher As US Sanctions Limit Iran Exports
Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November, but gains were limited by higher supply from OPEC and the United States.
Iran Says No OPEC Member Can Replace Its Oil Exports Share
Washington is pushing allies to cut imports of Iranian oil to zero and will impose a new round of sanctions on Iranian oil sales in November.
Oil Prices: Could Iran Push Crude Back Into The Triple Digits?
If Iran makes good on its threats, crude prices could go hyperbolic, according to analysts.
More news
Why Are Oil Prices Falling Again? Russia, OPEC May Increase Output Soon
The price of Brent crude fell almost by 3 percent between Wednesday and Friday, after Russia and OPEC signalled they were considering increasing output following several months of tightening supply.
Crude Oil Price Update: Venezuela, Iran Worries Lead WTI Back Over $70
Since its low point in mid-January 2016, the price of crude oil has made a sustained recovery, but fresh concerns over Venezuela and the future of the nuclear deal with Iran could pare back the gains.
Why Oil Prices Might Not Soar Until 2020
A hole created by $2 trillion of underinvestment could have an amazing consequence.
The Cost Of Oil Around The World: How Will OPEC React To Prices?
The cartel's beliefs about the price of crude are critical to how the overall energy markets behave.
The Price Of Oil Is Plunging. Here's Why
Government data showed a weaker-than-expected supply draw, which sent oil prices sinking, taking oil stocks with it.
Oil Prices, Production And 5 More Things To Know About OPEC
From its humble beginnings to its global clout, these are things everyone should know about this market-moving cartel.
Why The Price Of Oil Is Falling
Crude oil's rally came to an end this week on fears that too much oil will continue to be a problem.
The Price Of Oil Falls As OPEC's Saudi Arabia, Kuwait And Iraq Want Cost Raised
After initially aiming to boost crude oil prices to $55 a barrel, key OPEC members like Saudi Arabia, Kuwait, and Iraq have now set their sights on $60 a barrel of oil.
Are Oil Prices Going Up In 2017? OPEC Deal Exceeding Expectations, Report Finds
OPEC's naysayers may want to backtrack on their skepticism, as a recent report put their compliance with proposed cuts at more than 100 percent.
Oil Prices Drop Amid Record High US Supplies, Hurting OPEC's Efforts
The American oil and gas sector's high productivity appeared to have dampened OPEC's attempts to jack up the commodity's price.
Oil Futures: Russia Won't Join OPEC Despite Price Increase And Market Stability After Production Cut
Russian Energy Minister Alexander Novak praised the production cuts, conducted in a joint effort with OPEC, and said the oil market would've been "chaos" without them.
Are Oil Prices Falling? Saudi Aramco Cuts Cost Of Its Crude, Damaging OPEC Plans
The largest oil producer in the world is quietly cheating on the same OPEC deal its state owner helped to establish in November.
How Much Does Gas Cost? Prices Set To Change Across The US Due To Less Oil Production, 'Summer Gasoline'
Less oil production means consumers should prepare to fork over more money at the pump in the coming months.
Oil Prices 2017: OPEC Leader Still 'Confident' Cartel Will Commit To Output Cuts
Brent crude rose sharply Thursday in the wake of Secretary General Mohammad Sanusi Barkindo's comments.
Oil Production 2017: Nigeria Beats Angola, Reclaims Position As Africa’s Top Oil Producer
Earlier in 2016, Nigeria saw a major decline in its output mostly due to continuous attacks on its oil infrastructure by militants in the Niger Delta.
Oil Prices 2017: Saudi Arabia Cuts Crude Sales, US Inventories Fall
Oil prices rose Thursday as Saudi Arabia discussed proposed reductions and U.S. stockpiles fell during an OPEC push to boost profit.
Are Oil Prices Going Up? Crude Climbs Toward High $50s As OPEC Members Commit To Supply Cut Deal
Brent crude surpassed $56 and continued to climb after Russia and Kazakhstan joined OPEC's production cut.
Are Oil Prices Going Up? OPEC Sends Brent Crude Soaring Amid Pledge To Work With China, Russia
OPEC's decision to curb production last week sent oil prices soaring, but the cartel promised Monday to work with nonmember countries to keep prices from fluctuating too wildly.
Dollar Value 2016: US Currency Surges To 9-Month High Against Yen On OPEC Deal
The dollar hit a value not seen since February, thanks in part to strengthened American oil giants.
How Rich Is Saudi Arabia? Riyadh’s Foreign Reserve Assets Fell By 2 Percent In October Amid Stubbornly Low Oil Prices
The day before Saudi Arabia was set to attend an OPEC meeting over capping output, Riyadh announced another drop in its foreign currency reserves.
Oil Prices 2017: OPEC Meeting Should Accelerate Return To Balanced Market, Saudi Energy Minister Says
Saudi Arabia's oil minister's comments over the weekend on the effects an OPEC production cap might have on the energy market's future sent prices gyrating Monday.
OPEC Meeting: Oil Prices Fall As Saudi Arabia-Russia Meet Is Canceled
The world’s two largest crude oil producers were scheduled to meet Monday, ahead of the closely-watched OPEC meeting Wednesday.
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