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The US threatens Western companies with sanctions for Nord Stream 2

Donald Trump's administration has repeated its warning to Western European companies investing in the Russian gas pipeline, Nord Stream 2, that they risk being...
OPEC

OPEC predicts shrinking of global crude oil demand in 2019

The Organization of Petroleum Exporting Countries (OPEC) predicted on Wednesday that global demand for its crude oil variety will shrink next year, as consumption...
oil prices

Crude oil prices went down after the US softened its position for Iranian sanctions

The crude oil prices went down on Wednesday's Asian session after the US said they were considering some of the demands for relief from...
Norway offshore workers strike

Crude oil continues rising in anticipation of Norway offshore workers strike

Crude oil prices continue raising on Tuesday, as the worst fears of potential supply shortages remain, while hundreds of oil workers in Norway are...
Bijan Namdar Zangeneh

Iran: Trump offends OPEC countries with demands to raise production

The Iranian oil minister accused the US President Donald Trump of urging the Organization of Petroleum Exporting Countries (OPEC) to increased production and lowering...
oil price

Crude oil prices remain stable with mixed movement on the global commodity exchanges

The crude oil prices remain stable with mixed movement on the global commodity exchanges. At the beginning of today's trading, the Brent oil futures...
Oil iran

Donald Trump’s tweet lowers the price of crude oil

Crude oil prices decreased on Thursday after the US President Donald Trump posted a message in Twitter urging the Organization of Petroleum Exporting Countries...
US fuel market

Tightening of the US fuel market raises oil prices

The crude oil prices rose on Wednesday during the Asian session due to US fuel related to continuing supply problems from Canada. The price...
Oil production OPEC

Saudi Arabia and Russia confirmed raising oil production by 1 million barrels per day

Saudi Arabia and Russia have confirmed the agreement between OPEC countries and their allies to increase oil production by 1 million barrels per day. The...
oil importers

The US is ready to ease the sanctions against Iranian oil importers

The administration of the US President Donald Trump will address requests for exclusion from economic sanctions against Iran on a case-by-case basis. This is...

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