Category: Energy
-
Crude Prices Supported by Dollar Weakness and Tighter Russia Sanctions
Rich Asplund – Barchart – 51 minutes ago April WTI crude oil (CLJ25) on Friday closed up +0.63 (+0.95%), and April RBOB gasoline (RBJ25) closed up +0.156 (+0.73%). Crude oil prices on Friday closed moderately higher. Friday’s weaker dollar was supportive of crude prices. Crude prices also rose after the US tightened sanctions on…
-
Iran’s deputy FM weighs stance of nation’s nuclear program in upcoming talks
BAKU, Azerbaijan, March 14. Any discussions or dialogue will focus on resolving issues related to Iran’s nuclear program and the removal of sanctions against Iran, said the country’s Deputy Foreign Minister, Kazem Gharibabadi, Trend reports. In his statement today following a meeting in Beijing between the deputy foreign ministers of Iran, China, and Russia regarding…
-
China and Russia cosy up with Iran as Beijing issues calls on nuclear sanctions
Express. Home of the Daily and Sunday Express. HOME News Politics Royal Showbiz & TV Sport Comment Finance Travel Life & Style UK World Politics Royal US Weather Science History Weird Nature Sunday InYourArea Tehran has consistently denied that it is attempting to develop a nuclear weapon By Conor Wilson, News Reporter 16:16, Fri, Mar…
-
Oil Prices Set for Weekly Gain Despite Demand Uncertainty
Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Mar 14, 2025, 10:00 AM CDT Oil prices are set to end the week with a slight increase despite market uncertainty over demand due to Trump’s trade wars. Friday, March 14th, 2025 Oil prices…
-
Three months since the fall of Assad, is Syria headed towards stability or chaos? Explained
A view shows a damaged site, after Israel carried out an air strike on the Syrian capital Damascus on Thursday (March 13, 2025), as reported by Syria’s state news agency, in Damascus, Syria. | Photo Credit: REUTERS The story so far: Syria has entered a three-month period of political and military uncertainty following the fall of…
-
Trade War May Hold Down Oil Demand, Price Drop to Provide Some Offset: IEA
Current market conditions suggest global oil demand would average 103.9 million barrels per day (MMbpd) this year, with growth prospects weighed down by United States tariffs, the International Energy Agency (IEA) said Thursday. That still represents an increase of just over 1 MMbpd, compared to last year’s growth of 830,000 bpd, with lower prices expected…
-
China and Russia stood for Iran after US presses for nuclear talks with Tehran
China and Russia stood by Iran on Friday (March 14) after the United States demanded nuclear talks with Tehran, with senior Chinese and Russian diplomats saying dialogue should only resume based on “mutual respect” and all sanctions ought to be lifted.The trilateral talks, held by China’s Vice Foreign Minister Ma Zhaoxu with Iranian Deputy Foreign…
-
Staycations Could Pressure Summer Oil Prices
After the election, the punditosphere was filled with opining about what Trump’s election meant for oil prices, with many noting historical trends suggested Republican presidents were generally bearish for oil, Democrats bullish. But that involves a pretty small sample size, with only prior 11 presidents since 1973, and for the most part, outside factors have…
-
G7 make no mention of two-state solution to Israeli-Palestinian conflict – draft final statement
Jerusalem Post breaking news BREAKING NEWS By REUTERS MARCH 14, 2025 15:26 Foreign ministers from the G7 nations on Friday made no mention of a two-state solution to the Israeli-Palestinian conflict in their final draft statement, dropping language that had underscored its importance in earlier drafts of the text. The members instead stressed the imperative…
-
Despite tough talk, economic woes may force Iran to bargain with Trump
For Iran’s clerical leaders, engaging with the “Great Satan” to hammer out a nuclear deal and ease crippling sanctions may for once be the lesser of two evils. Though it harbours deep mistrust of the United States, and President Donald Trump in particular, Tehran is increasingly concerned that mounting public anger over economic hardships could…