oil prices

Iran to continue sell oil despite any sanctions

The United States will find new options for sanctions against Iran if renewed previous sanctions do not lead to changes inside the country, US National Security Adviser John Bolton said yesterday. "We think …

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Trump: OPEC must get prices down

U.S. president Donald Trump tweeted that OPEC needs to keep crude prices lower because of the military protection the U.S. provides for the region. "We protect the countries of the Middle East, they would not …

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Novak: current high oil price is temporary

Current oil prices of between $70 and $80 per barrel were only temporary and were driven by sanctions, Russian Energy Minister Alexander Novak said. The minister added that the long-term price would stand at around …

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"Oil price to sink to $60"

S&P Global Ratings revised its oil prices forecast for the coming years, director of corporate ratings for S&P Global Ratings Alexander Gryaznov said. "We revised our short-term forecast, and …

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Russia's oil export duty to rise by $7.5 in October

Russia's oil export duty is expected to rise by $7.5 to $137.5 per tonne on October 1 from $130.0 a tonne in September, according to data from the Russian finance ministry. The level of the duty is calculated by the finance ministry …

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Oil markets dip amid mixed price signals

Oil prices dipped today, weighed down by gradually rising output from producer club OPEC but supported by supply risks from places such as Venezuela, Africa and Iran. International Brent crude oil futures were at $76.14 per barrel at …

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Brent oil hits $75.5 per barrel

Oil prices are rising today supported by signs that U.S. sanctions on Iran are already reducing global crude supply. As of 14:37 (MSK) Brent oil futures for October delivery rose to $75.54 per barrel (up by $0.81 or 1.08%) on the ICE …

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