div > div.group > p:first-child"> The Trump administration announced Monday that it would end exemptions to its sanctions on Iran, a move meant to significantly curb Iran's oil output. Crude prices surged after the announcement, with the U.S. benchmark, West Texas Intermediate crude, gaining nearly 3 percent.Savita Subramanian, head of U.S.
Alex Dryden, global market strategist at J.P. Morgan, said macroeconomic global risks could catch up to the oil market itself:
Source: News Formal (newsformal.com)
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Oil Hits Six-Month High as U.S. Ends Waivers on Iran Oil ImportsOil prices surged to their highest level since late October after the White House said it was ending waivers for countries to import Iranian oil, a move that could put a squeeze on global crude supplies. Lower the fucking dip price next. Good By the time Trump is done, America’s only allies will be Russia, North Korea, Saudi Arabia, and Israel! Also known as Trump’s business partners!
Source: WSJ - 🏆 98. / 63 Read more »
Oil prices jump over 2% on expectations U.S. will halt waivers on Iran oil importsTraders return from the long holiday weekend to climbing oil prices, amid reports the U.S. is getting ready to cut off waivers for countries to import oil...
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. shale output forecast to hit record 8.46 million bpd in May: EIAU.S. crude oil output from seven major shale formations is expected to rise by a... Why are we putting shale in barrels?
Source: Reuters - 🏆 2. / 97 Read more »
Turkey expects US sanctions waivers on Iran oil, Russia armsTurkey's presidential spokesman Ibrahim Kalin says Ankara expects US President Donald Trump to issue a waiver to exempt the country from any economic penalties, should it take delivery of the Russia-made S-400 system.
Source: trtworld - 🏆 101. / 63 Read more »
Oil prices climb as U.S. set to end Iran sanction waiversOil prices jumped on Monday as the United States looked set to announce that all... WINNING Good for Oil Prices... I really hope profits continue to soar long after were all gone.... This is Black Gold after all. The next wave of life on earth, or perhaps alien's from somewhere far away will be really excited about the Oil just sitting here ready for them to burn.. Jason Kenney will likely take credit for the slight uptick this will give Alberta 😂😂 cdnpoli
Source: Reuters - 🏆 2. / 97 Read more »
U.S. prepares to end Iran oil waivers, triggering price spikeU.S. prepares to end Iran oil waivers, triggering a 3 percent jump in crude prices to their highest for 2019 so far by SusanJCornwell hgloystein SusanJCornwell hgloystein Why do I get the feeling Trump is making money off of this? CA gas is at $4/gallon and it’s not just the gas tax to blame. WTF is Trump up to? buy Gold
Source: Reuters - 🏆 2. / 97 Read more »
U.S. prepares to end exemptions on Iran sanctions, and oil prices soarThe United States is expected to announce on Monday that buyers of Iranian oil n... What more can he do to pinch our wallets? India still imports half of total Iranian produce Would be hard to stop it as India gets credit, flexibility to pay in Rupees and its refinneries are designed for Iranian crude🙄 and the INR takes a hit
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks slip, oil near six-month peak as U.S. prepares to tighten Iran sanctionsAsian shares slipped on Monday, weighed down by underperforming Chinese stocks, ... 🤔🤔🤔
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks slip, oil near six-month peak as U.S. prepares to tighten Iran sanctionsAsian shares slipped on Monday, weighed down by underperforming Chinese stocks, ... Now gas is sky high in cost too 🤬🤬🤬🤬 This has to stop, or people won't be able to afford to drive anymore.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. will fail to cut Iran oil exports to zero - ministry source to Tasnim agencyThe United States will fail to cut Iranian oil exports to zero, as Iran is ready... WTF? 🤦🏾♂️🤦🏾♂️ In the Last sanctions period there was 500-800 thousands barrels export per day. I think the trump and pompeo knows zero never happened Who will be the new Mark Rich?
Source: Reuters - 🏆 2. / 97 Read more »
Oil prices jump more than 2 percent as U.S. set to end Iran import sanction waiversOil prices rallied by more than 2 percent on Monday to levels not seen since Nov... Great. Now oil prices will increase = gasoline prices will increase. Do these increases hurt the rich? No. The farmer? The working class commuter living week to week?, the single mom the college kid, the senior, every American 100,000$ yr or less? You do the math. Make rich great again I went into the trucking business when it was $100 a barrel so $65 isn't a tragedy. It's been as low as the $30s since then so they've been having a free ride for awhile now.
Source: Reuters - 🏆 2. / 97 Read more »