#opec

10:36am, 29th April, 2019

Oil steadies after Trump presses OPEC to offset Iran sanctions

Oil prices steadied on Monday, after a weeks-long rally was halted on Friday when the market tumbled after U.S. President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.

Oil falls after Trump presses OPEC to offset Iran sanctions

6:32am, 29th April, 2019

Business

Oil falls after Trump presses OPEC to offset Iran sanctions

Oil prices fell on Monday, extending the Friday decline that halted a weeks-long rally, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.

Oil falls after Trump presses OPEC to make up for Iranian sanctions

2:29am, 29th April, 2019

Business

Oil falls after Trump presses OPEC to make up for Iranian sanctions

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.

Oil falls after Trump urges greater OPEC output to replace Iranian oil

10:25pm, 28th April, 2019

Business

Oil falls after Trump urges greater OPEC output to replace Iranian oil

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.

Oil tumbles more than 3% as Trump again urges OPEC to lower prices

1:31pm, 26th April, 2019

Business

Oil tumbles more than 3% as Trump again urges OPEC to lower prices

Oil prices sank more than 3 percent on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease gasoline prices.

Oil prices firm amid OPEC supply cuts, U.S. sanctions on Iran and Venezuela

7:55pm, 11th April, 2019

Business

Oil prices firm amid OPEC supply cuts, U.S. sanctions on Iran and Venezuela

Oil prices were firm on Friday, supported by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela.

Oil prices slip nearly 2% as OPEC mulls output hike, U.S. stocks build

11:47am, 11th April, 2019

Business

Oil prices slip nearly 2% as OPEC mulls output hike, U.S. stocks build

Oil prices fell nearly 2 percent on Thursday after sources said that OPEC may raise output from July if Venezuelan and Iranian supplies fall further and prices keep rallying.

Oil hits 2019 high on OPEC cuts, concerns over demand ease

4:14am, 2nd April, 2019

Business

Oil hits 2019 high on OPEC cuts, concerns over demand ease

Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, and as the market became less worried that demand may slow.

Oil advances as OPEC set to continue supply cuts despite U.S. pressure to ease

3:16am, 27th February, 2019

Business

Oil advances as OPEC set to continue supply cuts despite U.S. pressure to ease

Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump.

Exclusive: Venezuela's Maduro seeks OPEC help against U.S. sanctions - letter

9:37am, 11th February, 2019

World

Exclusive: Venezuela's Maduro seeks OPEC help against U.S. sanctions - letter

Venezuela's Nicolas Maduro has sought OPEC support against U.S. sanctions imposed on his country's oil industry, citing their impact on oil prices and potential risks for other members of the producer group.

Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent

1:10am, 11th February, 2019

Business

Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent

Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium to heavy sour oil, traders and analysts said.

Oil prices climb amid expected OPEC cut, but markets remain wary

10:51pm, 18th November, 2018

Business

Oil prices climb amid expected OPEC cut, but markets remain wary

Oil prices rose around 1 percent on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply toward year-end.

Oil rises as OPEC, partners discuss supply cut

9:06am, 14th November, 2018

Business

Oil rises as OPEC, partners discuss supply cut

Oil rose on Wednesday, recouping some of the previous session's slide, on the growing prospect of OPEC and allied producers cutting output at a meeting next month to prop up the market.

OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources

5:02am, 14th November, 2018

Business

OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources

OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019, three sources familiar with the issue said, to avert an oversupply that would weaken prices.

Bill allowing U.S. to sue OPEC drawing renewed interest

1:02am, 2nd October, 2018

Politics

Bill allowing U.S. to sue OPEC drawing renewed interest

With oil prices hitting fresh four-year highs, long-dormant proposals to allow the United States to sue OPEC nations are getting a fresh look in Congress, though they were once considered a longshot to becoming law.

Iran says no OPEC member can take over its share of oil exports

3:47am, 19th August, 2018

Business

Iran says no OPEC member can take over its share of oil exports

Iran told OPEC on Sunday no member country should be allowed to take over another member's share of oil exports, expressing Tehran's concern about Saudi Arabia's offer to pump more oil in the face of U.S. sanctions on Iranian oil sales...

Don't blame OPEC, oil producer group says of Trump criticism

6:00pm, 9th July, 2018

Business

Don't blame OPEC, oil producer group says of Trump criticism

The president of OPEC on Monday defended the oil producer group against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame.

Iranian oil minister calls Trump's order to OPEC insulting

5:56am, 7th July, 2018

World

Iranian oil minister calls Trump's order to OPEC insulting

Iran's oil minister on Saturday accused U.S. President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that Iranian output and exports had not changed as a result of U.S. pressure.

OPEC agrees modest hike in oil supply after Iran softens stance

8:24am, 22nd June, 2018

Business

OPEC agrees modest hike in oil supply after Iran softens stance

VIENNA (Reuters) - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shorta...

Dollar scales 11-month peak, oil slides ahead of OPEC

5:32am, 21st June, 2018

Business

Dollar scales 11-month peak, oil slides ahead of OPEC

LONDON (Reuters) - Simmering trade and political tensions weighed on European and world shares on Thursday, while oil prices were under pressure ahead of an OPEC meeting that could boost the global supply of crude.

Search by tag: #opec

Oil steadies after Trump presses OPEC to offset Iran sanctions

Oil falls after Trump presses OPEC to offset Iran sanctions

Oil falls after Trump presses OPEC to make up for Iranian sanctions

Oil falls after Trump urges greater OPEC output to replace Iranian oil

Oil tumbles more than 3% as Trump again urges OPEC to lower prices

Oil prices firm amid OPEC supply cuts, U.S. sanctions on Iran and Venezuela

Oil prices slip nearly 2% as OPEC mulls output hike, U.S. stocks build

Oil hits 2019 high on OPEC cuts, concerns over demand ease

Oil advances as OPEC set to continue supply cuts despite U.S. pressure to ease

Exclusive: Venezuela's Maduro seeks OPEC help against U.S. sanctions - letter

Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent

Oil prices climb amid expected OPEC cut, but markets remain wary

Oil rises as OPEC, partners discuss supply cut

OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources

Bill allowing U.S. to sue OPEC drawing renewed interest

Iran says no OPEC member can take over its share of oil exports

Don't blame OPEC, oil producer group says of Trump criticism

Iranian oil minister calls Trump's order to OPEC insulting

OPEC agrees modest hike in oil supply after Iran softens stance

Dollar scales 11-month peak, oil slides ahead of OPEC

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