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Global Oil Price Hits 2019 High

Today, oil prices rose by more than 2 percent to a almost a six-month high, on increasing concerns regarding tight global supplies following the...

Iran: U.S. Pressures on Venezuela, Iran Causing Oil Market To Be...

Today, the oil minister of Iran said that the sanctions that are imposed by the United States of America on Venezuela and Iran and...

Iran Given Until June To Improve Rules On Anti-Money Laundering

Last Friday, a global watchdog disclosed that Iran was given until June to strengthen its rules on anti-money laundering and terrorism financing or it...

US Vice President Mike Pence Urges EU To Back Off Iran...

Mike Pence, the Vice President, of the United States of America, has urged European countries to back off from the Iran nuclear deal and...

Iran Claims It Identified New ‘Potential’ Oil Buyers Amidst US Sanctions

Iran is on the hunt for new buyers for its oil after all of the nations that were granted waivers from the United States...

French Court Imposes €500,000 Fine On Oil Group Total

Today, a court in Paris, France, has imposed a €500,000 (£450,200) fine on Total, an  oil giant, in a case that is related to...

Morning market comment: The effects of US midterms and Iran sanctions...

Midterm caution European indexes are trading near the flat line this morning taking their cue from Friday’s close on Wall Street where a mood of...

US To Allow 8 Countries To Purchase Oil From Iran, Oil...

On Friday, the prices of oil continued to decline on reports that the United States of America has agreed to allow eight countries to...

$1.5bn Iran Sanctions Fine To Be Imposed On Standard Chartered

Reportedly, Standard Chartered, a British bank, is facing a fine amounting to as much as $1.5 billion (£1.15 billion) from the Department of Justice...

World’s Oil-Producing Giants Discuss To Increase Supply Amid US Sanctions On...

This morning, reports disclosed that some of the largest oil producers in the world are mulling the possibility of increasing the oil supply by as...

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