- Oil Holds Loss as Hope of New Iran Deal Eases Sanction Concern
April 25, 2018
Oil held losses below $68 a barrel after French President Emmanuel Macron called for a new Iran nuclear deal to keep the U.S. on board, raising speculation sanctions on the OPEC producer may be averted.
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- Oil Steadies as Trump Unmoved by Macron Push for New Iran Deal
April 25, 2018
Oil steadied amid signs that French President Emmanuel Macron was struggling in his push for a new deal that might prevent further U.S. sanctions on Iran.
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- Oil producers target right level of inventories for market balance
April 23, 2018
The UAE Energy Minister Suhail Al Mazroui said on Monday that the global oil market is still being balanced, but Opec is targeting the right level of inventories for market stability.
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- Is The Oil Market Ready For Sanctions On Iran?
April 21, 2018
Oil market participants and analysts will be intently watching the Trump Administration over the next month. May 12 is the deadline for the U.S. President to decide to waive sanctions on Iran as part of the nuclear deal that global powers reached ...
- Asia's gasoline glut drags refining margins to 3-month low
April 20, 2018
Gasoline profits for Asia's oil refiners hit their lowest since 2016, while refining margins have touched a three-month low, pulled down by high crude oil prices and an oversupply of fuel.
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