UAE energy minister hints at support for oil production cuts
The United Arab Emirates' energy minister said Sunday he does not think oil producing nations should relax the production cuts currently in place. Suhail al-Mazrouei spoke to reporters on the sidelines of a meeting in Saudi Arabia of the world's major oil producers. His comments suggested there's support within the OPEC ...
Oil prices spike as US insists all countries stop Iranian imports
Trump administration aims at total oil exporting embargo on Iran
China lashes out at Washington’s decision on Iran oil sanctions
The White House announced on April 22 that the United States will not renew exemptions granted in 2018 to five buyers of Iranian oil
US says no more sanctions waivers for importing Iranian oil
The Trump administration said Monday that it will no longer exempt any countries from U.S. sanctions if they continue to buy Iranian oil, stepping up pressure on Iran in a move that primarily affects the five remaining major importers: China and India and U.S. treaty allies Japan, South Korea, Turkey. President ...
Asian markets lower, oil rises on Iran concerns
Asian stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Tokyo's benchmark edged up while Shanghai, Seoul and India retreated. Hong Kong and Sydney were closed for the holiday. On Wall Street, the benchmark Standard & Poor's 500 index ...
OPEC ministers: Oil market likely to rebalance early 2019
Oil prices have shed more than 36 percent since early October to trade at $54 (47 euros) per barrel, due to fears of oversupply and weak global demand
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