Tag: Oil

Oil prices moved slightly lower on Friday as markets parsed reports that the U.S. was close to gaining access to Venezuela’s oil reserves, while focus was also on U.S.-Iran wrangling over the Strait of Hormuz.

Oil prices fell more than $2 a barrel to a more than two-week low on Wednesday as talks between Iran and Oman revived hopes that the Strait ‌of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.

Oil prices fell more than 3% on Tuesday, after the New York Times reported the State Department plans to return evacuated diplomats to the Middle East, in a sign the U.S. does not expect a return to full-scale war.

Παράταση της επιδότησης στο ντίζελ για τον Σεπτέμβριο αποφάσισε η κυβέρνηση σύμφωνα με πληροφορίες.

Oil moved higher Thursday after U.S. President Donald Trump vowed “economic warfare” on Iran and financial penalties for its supporters, as the United Arab Emirates said it was suspending trade with Tehran.

Oil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Iran expired on Monday with no end to the conflict in sight.

OPEC ‌on Wednesday lowered its forecast for world oil ​demand growth in ​2026 to 580,000 barrels per ⁠day, a copy ​of its monthly report showed, ​marking the fourth straight downward revision.

The U.S. and Iran could reach a deal on Tuesday or Wednesday to reopen the Strait of Hormuz with freedom of movement for commercial ships, Treasury Secretary Scott Bessent said in an interview.

Oil prices tumbled Monday after President Donald Trump said he called off a planned strike on Iran.

Oil prices were higher on Monday morning after the U.S. and Iran traded strikes as they contest control of the Strait of Hormuz, one of the most important trade routes for global energy supplies.

Προφίλ βασικού προμηθευτή όλων των κύριων μορφών ενέργειας (πετρελαιοειδή, ηλεκτρική ενέργεια, φυσικό αέριο) των χωρών της Νοτιοανατολικής Ευρώπης «χτίζουν» οι ελληνικές ενεργειακές επιχειρήσεις.

Global oil demand is on track to fall for the first time since 2020, the International Energy Agency (IEA) said Friday, as the war between Israel and Iran disrupted production and exports across the Middle East.

U.S. President Donald Trump said Wednesday that Washington’s ceasefire with Iran is over, after hostilities between the two sides escalated overnight.

Oil prices rose on Tuesday morning following a report of an Iranian attack on commercial ships in the strategically vital Strait of Hormuz.

Oil prices ‌fell on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.

Iran has begun talks to sell ​oil to Japanese companies, though prospective buyers ‌are seeking a longer U.S. sanctions waiver and reassurances on safe shipping conditions in the ​Gulf, three Iranian and Western sources ​said.

Saudi Aramco resumed crude loadings on Friday at its Ras Tanura terminal in the Gulf after a near four-month halt, shipping data showed, ‌as the world’s biggest oil exporter joined a rush to move cargoes amid industry hopes of a return to normal.

Iraq wants OPEC to significantly increase the country’s oil supply quota, Baghdad said on Thursday, following reports it would consider quitting the cartel over the dispute.

The U.S. has issued a sweeping rollback of sanctions on Iranian oil, allowing dollar-denominated trade for the first time in more than four decades, as Washington and Tehran press on with fragile talks toward a permanent peace deal.

Oil prices fell early Monday, reversing earlier gains, as mediators stepped in to ease tensions between the U.S. and Iran over the weekend.