Posts Tagged: Oil Prices

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...

Iranian Oil Minister Blames Falling Prices on ‘Political Conspiracy’
Daily Telegraph - Iran's oil minister has said that a "political conspiracy" is to blame for the dramatic slump in the price of crude in...

Iranian President Rouhani Says Fall in Oil Prices is ‘Treachery’
Fox NY/Associated Press - Iran's President Hassan Rouhani said Wednesday that the sharp fall in global oil prices is the result of "treachery," in an apparent...

Modern Day Geopolitical Conflicts and Their Effects on Global Oil Prices
In an election year, the last thing an incumbent President needs when running for re-election is a spike in oil prices. As The New York...

Can Iran Close the Strait of Hormuz?
The 45 kilometer-wide Strait of Hormuz is the most important waterway for the movement of oil to Western markets and the Far...