Wednesday, 27 October , 2021
Oil Prices Archives - Page 3 of 3 - Iran News Daily
Oil prices rose to $70 with Iran, US tensions 07 Jan 2020

Oil prices rose to $70 with Iran, US tensions

TEHRAN (Iran News) – Oil prices rose over 1% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq increased tensions in the Middle East after a US airstrike killed a top Iranian military commander. Oil prices of Brent crude futures LCOc1 soared to a high of $70.74 […]

OPEC production cuts further 07 Dec 2019

OPEC production cuts further

TEHRAN (Iran News) – Saudi Arabia and Russia won backing for further OPEC production cuts on Friday as they look to head off global oversupply in 2020 and sustain prices. The group of more than 20 producers agreed to an extra 500,000 barrels per day (bpd) in cuts for the first quarter of 2020, taking […]

Oil Prices Rise as US Threatens Sanctions against Venezuela 25 Jan 2019

Oil Prices Rise as US Threatens Sanctions against Venezuela

Oil prices rose on Friday as turmoil in Venezuela triggered concerns that its crude exports could soon be disrupted. Washington on Thursday signaled it could impose sanctions on Venezuela’s oil exports as Caracas descends further into political and economic turmoil. Brent crude oil futures were at $61.62 a barrel at 0755 GMT, 53 cents, or […]