Tuesday, 26 October , 2021
Oil Prices Archives - Page 2 of 3 - Iran News Daily
Oil steady as U.S. oil stockpiles drop 27 Jan 2021

Oil steady as U.S. oil stockpiles drop

Oil prices were steady Wednesday as industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world’s second-biggest oil user.

Aramco Profits Cut by 73%, Battered by Pandemic 10 Aug 2020

Aramco Profits Cut by 73%, Battered by Pandemic

Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus pandemic crisis undercuts global demand.

Zanganeh: with unclear demand, predicting oil prices is hard 26 May 2020

Zanganeh: with unclear demand, predicting oil prices is hard

Iran’s oil minister, Bijan Zanganeh said on Monday it was difficult to forecast crude prices amid uncertainties over prospects for demand, Iranian state radio reported.

Over 10% rise in oil prices due to fuel demand rising 30 Apr 2020

Over 10% rise in oil prices due to fuel demand rising

Oil prices jumped on Thursday following reports that US crude stockpiles increased less than expected and that gasoline demand battered by coronavirus restrictions is beginning to rise.

US Oil Prices Slide As Coronavirus Fuels Storage Fears 28 Apr 2020

US Oil Prices Slide As Coronavirus Fuels Storage Fears

US oil prices fell sharply in volatile trading on Tuesday as concerns over storage capacity prompted fears the American crude benchmark could again plummet into negative territory.

US Oil Prices Falls due to Fears of Low Capacity 28 Apr 2020

US Oil Prices Falls due to Fears of Low Capacity

US oil prices fell sharply in volatile trading on Tuesday as concerns over storage capacity prompted fears the American crude benchmark could again plummet into negative territory.

Brent Climbs amid New Tensions 23 Apr 2020

Brent Climbs amid New Tensions

The price of a barrel of Brent crude oil climbed by more than nine percent to $22.25 (ICE) on Thursday after the US renewed its hostility towards Iran.

US sanctions made Iran ready to face unprecedented oil prices fall 21 Apr 2020

US sanctions made Iran ready to face unprecedented oil prices fall

First Vice President Es’hagh Jahangiri said on Tuesday that due to the US sanctions, Iran is in readiness for coping with the unprecedented drop in oil prices.

Saudi Arabia, Russia raise stakes in oil price standoff 11 Mar 2020

Saudi Arabia, Russia raise stakes in oil price standoff

Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow's overtures for new talks.

Iran Ex-OPEC Envoy Predicts More Crash in Oil Prices 09 Mar 2020

Iran Ex-OPEC Envoy Predicts More Crash in Oil Prices

Iran’s former ambassador to the Organization of the Petroleum Exporting Countries (OPEC) said the global oil prices will probably continue to decline.