Tuesday, 16 April , 2024
Oil Price Archives - Page 3 of 4 - Iran News Daily
US oil back in positive territory 21 Apr 2020

US oil back in positive territory

US oil prices rebounded back above zero Tuesday, a day after futures ended in negative territory for the first time.

Iran to Persian Gulf Neighbours: Ready to Talk with No Preconditions 20 Apr 2020

Iran to Persian Gulf Neighbours: Ready to Talk with No Preconditions

The Foreign Ministry spokesman expressed Tehran’s readiness to hold negotiations with regional and the Persian Gulf countries without any preconditions.

Oil low on demand, warning situation 16 Apr 2020

Oil low on demand, warning situation

Oil languished at multi-year lows on Thursday, with WTI crude remaining around $20 a barrel as dire warnings about a virus-triggered demand shock overshadowed a deal to cut output.

Oil Price May Slump Further If Deal Fails 15 Apr 2020

Oil Price May Slump Further If Deal Fails

Iran's former OPEC governor Mohammad Ali Khatibi believes if oil exporting countries do not respect their deal, the oil price may fall further.

Oil producers agree on 9.7m bpd output cut 13 Apr 2020

Oil producers agree on 9.7m bpd output cut

OPEC, Russia and other oil-producing nations agreed on Sunday to cut output by a record amount, representing around 10 percent of global supply.

Slump in Oil Price to Intensify Sanctions Pressure 12 Apr 2020

Slump in Oil Price to Intensify Sanctions Pressure

Chairman of Iran-China Joint Chamber of Commerce Majid-Reza Hariri says China’s oil imports from Iran have slumped

Iran Helping Oil Market Stability 08 Apr 2020

Iran Helping Oil Market Stability

Iran oil minister consulted with several foreign officials about plans to restore stability to the global oil market ahead of a meeting between OPEC and its allies.

Oil prices result in budget deficit in Russia 15 Mar 2020

Oil prices result in budget deficit in Russia

Budget deficit in Russia could reach 0.9% of gross domestic product (GDP) in 2020 at current oil prices, Finance Minister, Anton Siluanov said.

Oil price faces a 30% crash as markets open 09 Mar 2020

Oil price faces a 30% crash as markets open

Oil prices face a crash as much as 30% within seconds of the market opening on Sunday evening.

Iran, OPEC secretary-general talk on oil market 20 Feb 2020

Iran, OPEC secretary-general talk on oil market

Iran Permanent Representative to the International Organizations in Vienna Kazem Gharibabadi and Secretary-General of the OPEC Mohammad Barkindo held a met and held talks on Thursday.