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Commodity

Oil prices rose on growing evidence of falling crude exports from Iran, OPEC’s third-largest producer, before the imposition of new U.S. sanctions and a partial shutdown in the Gulf of Mexico because of Hurricane Michael. more

Refining/Petrochemical

Crude futures steadied after climbing to four-year highs earlier this week, and both Brent and U.S. crude marked weekly gains ahead of U.S. sanctions on Iranian oil exports. more

Refining/Petrochemical

Oil prices steadied just below four-year highs on Friday as world fuel markets tightened ahead of a new round of U.S. sanctions on Iranian oil exports due to be imposed in November. more

Refining/Petrochemical

Crude oil prices shot to a four-year high on Tuesday, catapulted by imminent U.S. sanctions on Iranian crude exports and the apparent reluctance of OPEC and Russia to raise output to offset the potential hit to global supply. more

Refining/Petrochemical

Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. more

Refining/Petrochemical

Oil eased on Wednesday, but held near its highest level this year, as concerns that producers may fail to cover a supply shortfall once U.S. sanctions on Iran come into force outweighed an increase in U.S. inventories. more

Refining/Petrochemical

Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States could together raise output fast enough to offset falling supplies. more

Refining/Petrochemical

Oil rose on Friday, clawing back some territory after prices fell by the most in a month in the previous session, as the focus returned to supply concerns ahead of a November deadline for U.S. sanctions on Iranian crude. more

Drilling & Exploration

Oil cut earlier losses and rose towards its highest level this year after a drop in U.S. crude inventories and as the prospect of the loss of Iranian supply added to concerns over the delicate balance between consumption and production. more

Refining/Petrochemical

Brent crude oil rose toward its highest price since early July on Tuesday, thanks to evidence of still-modest increases in output from OPEC and stronger Chinese refinery demand. more

Refining/Petrochemical

Oil hit a two-week high above $74 a barrel on Wednesday as an industry report showing a drop in U.S. crude inventories and U.S. sanctions on OPEC producer Iran pointed to tighter supplies. more

Refining/Petrochemical

Oil rose on Tuesday, buoyed by the prospect of price support from U.S. sanctions on Iran, although with concern brewing about the outlook for demand, particularly in light of the trade dispute between Washington and Beijing, gains were limited. more

Refining/Petrochemical

Oil prices rose more than 1 percent on Tuesday, tracking the stock market higher after a rise in Turkey’s lira quelled fears of emerging market weakness and as market participants focused on lower crude supply from Saudi Arabia and Iran. more

Refining/Petrochemical

Oil prices dipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel demand, though U.S. sanctions against Iran pointed towards tighter supply ahead. more

Refining/Petrochemical

Oil prices fell on Wednesday after Chinese import data showed a slowdown in demand and as a trade dispute between Washington and Beijing escalated further. more

Refining/Petrochemical

Oil prices rose on Tuesday with revived U.S. sanctions against major crude exporter Iran expected to tighten global supply. more

Refining/Petrochemical

Land-locked oil producers are running out of options to get key feedstock to market as pipeline and rail capacity fills up and the truck driving shortage intensifies. more

Refining/Petrochemical

Brent crude futures prices are trading in contango for the first time in 10 months, as traders anticipate an increase in crude availability during the remainder of 2018. more

Refining/Petrochemical

Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers began a 24-hour strike on three oil and gas platforms in the British North Sea. more

Refining/Petrochemical

The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market. more

Refining/Petrochemical

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