U.S. to end all waivers Iran oil imports, crude price jumps
WASHINGTON (Reuters) – The United States on Monday said it will eliminate in May all waivers granted to eight economies allowing them to buy Iranian oil without facing U.S. sanctions,…
Iran says ready for U.S. waivers end, as Guards threaten to shut Hormuz
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo…
Oil hits 2019 high on U.S. plan to tighten squeeze on Iran
LONDON (Reuters) – Oil topped $74 a barrel on Monday, the highest since November, as the United States was set to announce a further clampdown on Iranian oil exports, tightening…
Oil rally stalls on talk of OPEC+ boosting output
NEW YORK (Reuters) – Oil prices halted their rally on Monday, with both benchmarks down nearly 1 percent, after Russia’s finance minister said Russia and OPEC may decide to boost…
Oil prices fall on surging U.S. crude supply, economic slowdown
SINGAPORE (Reuters) – Oil prices fell on Thursday, pressured as U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production and as economic concerns cast…
Oil prices dip on surging U.S. crude stockpiles
SINGAPORE (Reuters) – Oil prices fell on Thursday after U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production. FILE PHOTO: The sun sets behind…
Oil gains up to 2% to five-month high as Libyan output threatened
NEW YORK (Reuters) – Oil prices rose up to 2 percent on Monday, hitting five-month highs on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts…
Oil prices edge lower after U.S. inventories build
FILE PHOTO: An offshore oil rig is seen in the Caspian Sea near Baku, Azerbaijan, October 5, 2017. REUTERS/Grigory Dukor/File Photo TOKYO (Reuters) – Oil prices dipped on Thursday, with…
Oil rises to 2019 highs as demand outlook improves
NEW YORK (Reuters) – Oil climbed about 2 percent to new 2019 highs on Monday, with Brent crude touching $69 a barrel, after positive signs for the global economy and…
Oil up as OPEC-led supply cuts support, Cushing draws down
NEW YORK (Reuters) – Oil prices edged up on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs and signs of inventory declines at the delivery point for…