Tag: Iran
Crude oil prices rebound as supply concerns linger
On Thursday, crude oil prices recovered from a three-week low in the previous session as concerns over tight supplies still clouded the market outlook.
Brent...
Oil extends retreat as China’s Covid crisis grows
On Monday, oil prices skidded as investors tracked a worsening Covid-19 outbreak in China.
Brent Crude futures declined 0.39% or 0.32 points to $104.05 per...
After the Ukraine Crisis, China Reaches out To Its Neighbors
The Ukraine issue is straining China's ties with the US and the rest of the West; hence, Beijing has turned its attention to mending...
Oil on a higher move on slow Russia-Ukraine talks
Oil prices edged up on Friday after the slim progress in Russia and Ukraine peace talks raised the possibility of continued disruption to crude...
Crude oil prices bounce up amid supply worries
On Friday, crude oil prices are back in positive territory, but on course for their most significant weekly declines since November.
Accordingly, Brent crude futures...
Russia entitled to The Most Sanctioned Country On The Planet
According to a New York-based sanctions watchdog site, Russia has become the most sanctioned country in the world as a result of its war...
Oil Jumps as Ukraine Conflict Offsets Iran Supply Hopes
On Friday, oil prices remained elevated as fears of a disruption in Russian oil exports outweighed the potential revival of an Iranian nuclear deal.
Accordingly,...
Oil Jumped to its Highest Point in Several Years
Oil reached its highest level since 2014 on Tuesday as tensions between Russia and Ukraine escalated after Russia ordered troops into two breakaway regions...
Oil Recovers Slightly Despite Potential Conflict
Energies have had a rough day, with WTI and Brent crude trading down 0.7% and 0.6%, respectively. That's following an over 2% drop for...
Russia’s Decision Influenced Oil Prices
Oil fell more than 3% from a seven-year high on Tuesday. Oil prices declined after the Russian Federation said some of its military units...
IEA’s Report Helped to Boost Oil Prices
Oil prices benefited from the International Energy Agency’s (IEA) monthly report, but were still heading for weekly losses on inflation as well as U.S.-Iran...
Oil Prices Rose Thanks to One Factor
Oil prices rose on Thursday. They benefited from an unexpected drop in U.S. crude inventories in the previous session, as investors monitored the outcome...
WTI Crude Dropped 0.4% and Brent Crude Futures Fell 0.4%
Oil prices were stable on February 9. Nevertheless, the prospect of increased supply from Iran as well as the United States kept the pressure...
Brent Oil Futures Added 0.31% While WTI Futures Fell 0.17%
Oil prices were mixed on Monday morning in Asia, reversing some earlier losses. Expectations that global supply would remain tight continued as the demand...
What is the Connection Between Oil Prices and Tensions?
On Tuesday, oil prices rose, recovering some of the previous day’s losses. Interestingly, oil prices rose as growing tensions over Ukraine and the Middle...