Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Thursday, July 5, 2018

Iran May Block Oil Transit Via Strait of Hormuz if US Levies Sanctions

Strait of Hormuz
The US has withdrawn from the 2015 Iran nuclear deal and is now threatening to impose new sanctions on the country in an effort to economically strangle Iran by choking off its oil exports to global markets.

Saturday, June 30, 2018

Friday, June 22, 2018

Japan May End Iran Oil Loading from October

Japan May End Iran Oil Loading from October
Japanese oil refiners may have to stop loading Iranian crude oil from Oct. 1 if Japan’s government does not secure an exemption from US sanctions to allow imports to continue, the president of the Petroleum Association of Japan (PAJ) said on Friday.

Friday, May 18, 2018

Thursday, May 10, 2018

Wednesday, May 9, 2018

Oil price tops $77 after US withdrawal from Iran deal

Oil price tops $77
The price of crude oil has risen to an almost three-year high, following US President Donald Trump's unilateral decision to withdraw from the Iran nuclear deal, as well as bullish US crude inventory numbers.

Tuesday, May 8, 2018

Saudi Arabia supports Trump decision to re-impose sanctions on Iran

Saudi Arabia supports Trump decision
Saudi Arabia announced its supports for steps announced by US President Donald Trump regarding the withdrawal of Washington from the nuclear accord with Iran and supports the resumption of economic sanctions on Tehran which were suspended under the P5+1 deal.

Thursday, February 8, 2018

Libyan oil production hits post-Gadhafi high

oil production hits post-Gadhafi high
Total oil production from Libya in January was close to 1 million barrels per day on average for its highest level in more than five years, industry data show.

Friday, February 2, 2018

Lebanon to Go Ahead with Oil Exploration despite Israel Claims

Lebanon to Go Ahead with Oil Exploration
Lebanese Energy Minister Cesar Abi Khalil vowed that Beirut will go ahead with oil and gas exploration near its maritime border despite Israeli claims to the field that provoked wide condemnation in the tiny Arab country.

Thursday, February 1, 2018

Thursday, January 18, 2018

Thursday, January 4, 2018

Iranian crisis could send oil to $100

PRICES oil to $100
Oil prices started the year on a high note as some geopolitical tension pushed aside bearish concerns. Both WTI and Brent opened above $60 per barrel for the first time in years.

Friday, December 29, 2017

Monday, December 4, 2017

Featured Post

“The U.S. must stop supporting terrorists who are destroying Syria and her people" : US Congresswoman, Tulsi Gabbard

US Congresswoman, Tulsi Gabbard, recently visited Syria, and even met with President Bashar Al-Assad. She also visited the recently libe...