Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production due to hurricane-enforced closures. Brent crude futures LCOc1 ... Read More
Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while an explosion at a U.S. oil rig and ... Read More
Oil prices edged up on Friday on news that U.S. President Donald Trump could be set to impose new sanctions on multiple Iranian entities, firing geopolitical tensions between the ... Read More
The U.S. government is cracking down on a major Chinese telecom equipment maker over an alleged scheme to dodge sanctions on Iran. The plan by ZTE (ZTCOF) involved setting up several shell ... Read More
Switzerland Lifts Sanctions On Iranian Oil, Precious Metals Sales Switzerland is lifting some sanctions against Iran in what it calls a sign of support for the agreement between Tehran ... Read More
Iran’s oil minister warned fellow Opec members that it aims to recapture market share and plans to step up oil output by 1 million barrels per day “within months” ... Read More
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