Posts Tagged: oil market

OPEC+ Plans New Output Policy Meeting on Sunday
OPEC+ ministers plan to hold their next meeting on Sunday to decide on output policy, three sources within the producers group told Reuters on Saturday. The...

US Officials Say Global Oil Market Ready for End to Iran Crude Exports
US attempts to drive Iranian oil exports down to zero come against the backdrop of a global market that is sufficiently well supplied to avoid...

Report: Oil Market Oversupply Dashes Iran’s Economic Hopes After Lifting of Sanctions
Iran is about to get a refresher course in the capricious nature of the oil market and the durable nature of economic sanctions. When US and...

Millions of Iranian Oil Barrels to Flood World Markets Next Week
Millions of extra barrels of Iranian crude oil could begin spilling on to world markets next week, adding further to fierce downward pressure on prices,...

Iran Working to Return to Top Ranks of Global Oil Producers
In a remote corner of Iran, engineers are working round the clock to return the country to the top ranks of global oil producers. The region...

Saudi Oil Minister Says Fall in Crude Prices Likely to be Temporary
BBC News - Recent falls in the price of oil are likely to be temporary, says the oil minister for Saudi Arabia, Opec's biggest producing...