Oil near four-year high as Washington’s Iran sanctions loom
SINGAPORE (Reuters) – Oil markets were firm on Tuesday, with Brent crude holding near four-year highs reached the previous day as markets adjust to the prospect of tighter supply once…
Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions
SINGAPORE (Reuters) – Oil prices rose on Wednesday following a report of declines in U.S. crude inventories and as looming sanctions against Iran raised expectations of tightening supply, while top…
Oil up as U.S. drilling stalls, Iranian sanctions bite
LONDON (Reuters) – Oil prices rose on Monday as U.S. drilling stalled and investors anticipated lower supply once new U.S. sanctions against Iran’s crude exports kick in from November. FILE…
Oil climbs as U.S. drilling stalls, Washington sanctions against Iran loom
SINGAPORE (Reuters) – Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick…
U.S. oil prices rise as Gulf oil rigs evacuated ahead of hurricane
SINGAPORE (Reuters) – U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane. FILE PHOTO:…
Oil prices higher as U.S. sanctions limit Iran exports
LONDON (Reuters) – 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…
Oil falls on rising output from OPEC and United States
SINGAPORE (Reuters) – Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite…
Saudi Aramco appoints first woman to the board
DUBAI (Reuters) – State run Saudi Aramco, the world’s top oil company, said on Sunday it has appointed five new members to its board including a female executive, a milestone…