HOUSTON — When President Trump announced in May that he was going to withdraw the United States from the nuclear agreement that the Obama administration and five other countries negotiated with Iran i... ... lees verder

BEIJING (Reuters) - Oil prices were steady on Wednesday as concerns that producers will not be able to respond to a shortfall in supply once U.S. sanctions on Iran are enacted outweighed a gain in sto... ... lees verder

Nymex October crude oil jumped 1.4% to settle at $69.85/bbl while Brent crude closed 1.3% higher to $79.03/bbl after Russia blamed Israel for the loss of one of its reconnaissance planes shot down ... ... lees verder

NEW YORK (Reuters) - Oil futures rose more than 1 percent on Tuesday on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signaled an i... ... lees verder

(Reuters) - U.S. stock index futures pointed to a higher open for Wall Street on Tuesday, buoyed by a rise in oil prices and concessions that analysts said made the latest round of trade tariffs on Ch... ... lees verder

The world awaits November 3 for a new age of high oil prices under Donald Trump, as he attempts to wipe out Iranian crude exports from the market. That era might arrive sooner than most think, energy ... ... lees verder

OPEC is still cutting deeper than intended in its longstanding deal to curb oil output, despite some members like Saudi Arabia pumping more crude in recent months. That’s because production in nations ... ... lees verder

(Reuters) - Oil output from seven major shale formations in the United States is expected to rise by 79,000 barrels per day to 7.6 million bpd in October, the U.S. Energy Information Administration sa... ... lees verder