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November 17, 2022
Saudi Arabia has cut oil exports sharply this month.
August 3, 2022
Expected to cap further increases on Wednesday, OPECs crude production rose to a two-year high last month as Persian Gulf members followed through on a pledge to relieve tight global markets.
July 15, 2022
President Joe Biden will leave the Middle East this week with no announcements on increasing oil supply before a scheduled meeting of producers next month, people familiar with the matter said.
January 25, 2022
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
January 28, 2021
By VERITY RATCLIFFE | Bloomberg | Published: January 28, 2021 The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in Washingtons latest attempt to block the Islamic Republics energy exports. The crude is on board the Liberia-flagged Achilleas, which is sailing to the U.S. after the Department of Justice issued a seizure order, said the people, who asked not to be identified as theyre not authorized to speak to me...
January 26, 2021
By Verity Ratcliffe (Bloomberg) — The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in Washington’s latest attempt to block the Islamic Republic’s energy exports. The crude is on board the Liberia-flagged Achilleas, which is sailing to the U.S. after the Department of Justice issued a seizure order, said the people, who asked not to be identified as they’re not authorized to speak to media. The order cam...
January 26, 2021
US tries to seize oil shipment it says came from Iran Iranian supreme leader, Supreme Leader Ayatollah Ali Khamenei The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in Washington’s latest attempt to block the Islamic Republic’s energy exports. The crude is on board the Liberia-flagged Achilleas, which is sailing to the U.S. after the Department of Justice issued a seizure order, said the people, who asked no...
January 25, 2021
Iran Oil Exports Creep Up as Trump’s Maximum Pressure Fades Bloomberg 1/25/2021 Grant Smith © Photographer: Bloomberg/Bloomberg The crude oil tanker Devon sails through the Persian Gulf towards Kharq Island to transport crude oil to export markets in the Persian Gulf, Iran, on Friday, March 23, 2018. Geopolitical risk is creeping back into the crude oil market. (Bloomberg) -- With the U.S. campaign of “maximum pressure” now over, Iran’s oil customers may be growing ...