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United States

Bozorgmehr Sharafedin

Oil steadies as U.S. supply concerns ease but Iran tensions loom

9:48am EDT

LONDON Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil countered tensions in the Middle East.

Oil rises towards $65 as supply concerns outweigh trade disputes

Jul 09 2019

LONDON Oil rose towards $65 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that has been dragging down the global economy and oil demand.

Under pressure from Trump, OPEC embraces Putin

Jul 03 2019

By Olesya Astakhova, Dmitry Zhdannikov and Bozorgmehr Sharafedin

RPT-ANALYSIS-Under pressure from Trump, OPEC embraces Putin

Jul 03 2019

By Olesya Astakhova, Dmitry Zhdannikov and Bozorgmehr Sharafedin

ANALYSIS-Under pressure from Trump, OPEC embraces Putin

Jul 02 2019

By Olesya Astakhova, Dmitry Zhdannikov and Bozorgmehr Sharafedin

OPEC and allies extend oil supply cut in bid to boost prices

Jul 02 2019

VIENNA OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday, seeking to prop up the price of crude as the global economy weakens and U.S. production soars.

OPEC and allies set to extend oil supply cuts, prop up prices

Jul 02 2019

VIENNA, July 2 OPEC and its allies led by Russia are set to extend oil output cuts until March 2020 on Tuesday to try to prop up the price of crude as the global economy weakens and U.S. production soars.

OPEC extends oil cut to prop up prices as economy weakens

Jul 01 2019

VIENNA OPEC agreed on Monday to extend oil supply cuts until March 2020 as the group's members overcame their differences in order to prop up the price of crude amid a weakening global economy and soaring U.S. production.

OPEC set to extend oil supply cut as Iran endorses pact

Jul 01 2019

VIENNA, July 1 OPEC and its allies look set to extend oil supply cuts this week at least until the end of 2019 as Iran joined top producers Saudi Arabia, Iraq and Russia in endorsing a policy aimed at propping up the price of crude amid a weakening global economy.

Iran says it will not give Europe more time to save nuclear deal

Jun 19 2019

LONDON Iran said on Wednesday it would not give European powers more time beyond July 8 to save its nuclear deal by shielding it from U.S. sanctions.

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