Financial

Oil prices settled the day higher on Thursday as concerns about supply shortfalls due to the Trump administration’s sanctions on Iranian crude exports and production disruptions in Canada, Libya and Venezuela.  Shana.ir photo. US oil [Read more]

Oil prices soared on Tuesday after the US Energy Information Administration reported US crude stocks fell significantly last week and the jittery market remains concerned about uncertain Libyan exports and a production disruption in the [Read more]

Oil prices surged on Tuesday after the Trump administration began pushing other countries to stop importing crude from Iran and will not grant waivers to sanctions.  BP photo. US oil prices up over 3 per [Read more]

Oil prices rose significantly on Friday after OPEC announced it agreed to boost its production by about 1 million barrels per day.  OPEC photo. US oil prices up over 5 per cent Oil prices jumped [Read more]

Oil prices were mixed in trading on Thursday with US WTI rising by pennies and OPEC-aligned Brent crude falling over 2 per cent.  The oil market is waiting to see if the OPEC supply cut [Read more]

Oil prices fell slightly on Thursday as an escalating trade dispute involving China and the US concerned investors and prompted selloffs in a number of global markets.  Repsol photo.   Oil prices fall on possible OPEC [Read more]

Oil prices rose in volatile trading on Monday as the jittery market awaits the outcome of OPEC’s meetings later this week and investors considered the ramifications of a trade dispute between the US and China. [Read more]

Oil prices tumbled over two dollars per barrel on Friday as the market waits on tenterhooks to learn the outcome of next week’s OPEC meeting in Vienna.  Recently, Russia and Saudi Arabia hinted that they [Read more]

Oil prices were mixed on Thursday on a rising US dollar and concerns over crude supply and the upcoming meeting of the Organization of Petroleum Exporting Countries next week.  ConocoPhillips photo. Brent oil prices slip, [Read more]

Oil prices rose on Wednesday after data from the US Energy Information Administration showed a larger-than-expected drop in US crude stocks as well as a decline in gasoline and distillate inventories.  Apache photo. Oil prices [Read more]

Oil prices were up slightly in trading on Monday even though Russia and the United States boosted their production last month.  Markets remain concerned about plummeting Venezuelan crude output.  Encana photo. US oil prices up [Read more]

Oil prices rose on Thursday as concerns about plummeting production in Venezuela combined with hints that OPEC may not roll back its production cuts weighed on investors.  Repsol photo. Brent oil prices up over 2 [Read more]

Brent oil prices fell on Tuesday while US West Texas Intermediate rose slightly after the US government asked Saudi Arabia and other major crude exporters to boost their production to cool rising gas prices.  Anadarko [Read more]

Oil prices fell on Monday as investors considered rising US crude output as well as the possibility that OPEC is considering increasing its supply to compensate for declining Venezuelan production and the Trump administration’s decision [Read more]

Oil prices fell on Friday after the US dollar rose on better-than-expected employment data which pressured greenback-valued commodities as well as data showing increased US crude production in March.  Anadarko photo. US oil prices down [Read more]