oil – Page 19 – Freedom 96.9

Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz

Monday, April 13 by SRN News

By Florence Tan SINGAPORE, April 13 (Reuters) - Oil prices jumped above $100 a barrel on Monday as the U.S. Navy prepared a blockade of the Strait of Hormuz that could restrict Iranian oil shipments after the U.S. and Iran https://www.reuters.com/world/iran/ failed to reach a... Read More.

Dollar and oil rise as US-Iran peace talks collapse

Monday, April 13 by SRN News

By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, April 13 (Reuters) - Oil and the dollar jumped on Monday as the failure of U.S.-Iran talks to yield an agreement left a fragile ceasefire hanging in the balance and no end to a choke on Middle East... Read More.

Oil prices rise after the US says it would block Iranian ports starting Monday

Monday, April 13 by SRN News

NEW YORK (AP) - Oil prices rose in early market trading Sunday after the U.S. said it would blockade Iranian ports beginning Monday. The price of U.S. crude oil rose 8% to $104.24 a barrel and Brent crude oil, the international standard, rose 7% to... Read More.

Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say

Monday, April 13 by SRN News

By Kavya Balaraman and Anjana Anil April 10 (Reuters) - The sharp hit to global oil production from the Iran war is poised to flip the oil market into a supply deficit this year, analysts say, a huge swing in forecasts that erases previous expectations... Read More.

Saudi Arabia restores full capacity on East-West oil pipeline to 7 million bpd after attacks

Sunday, April 12 by SRN News

CAIRO, April 12 (Reuters) - Saudi Arabia has restored full oil pumping capacity through the East-West pipeline L1N40S100 to about seven million barrels per day, it said on Sunday, days after providing an assessment of damage on its energy sector from attacks during the... Read More.

Iran aims to restore majority of refining capability within two months, oil ministry official says

Sunday, April 12 by SRN News

DUBAI, April 12 (Reuters) - Iran expects to restore most damaged refining and distribution facilities to 70-80% of their pre-attack capacity within one to two months, a senior oil official said, as authorities work to recover from a wave of strikes on energy infrastructure. Deputy... Read More.

Lessons learned in ’70s have made US, world economies less vulnerable to oil shocks

Sunday, April 12 by SRN News

WASHINGTON (AP) - The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging in the wake of war in the Middle East, driving up the cost of gasoline, diesel and jet fuel and threatening a return to stagflation... Read More.

South Korea close to securing oil supplies from Kazakhstan, minister says

Sunday, April 12 by SRN News

SEOUL, April 12 (Reuters) - South Korea is close to securing crude oil supplies from Kazakhstan, the industry minister said on Sunday, as the country looks for alternative energy sources amid the war in the Middle East. "There has been quite (some) progress, so we... Read More.

Asian stocks mostly higher and oil gains ahead of planned U.S.-Iran ceasefire talks

Friday, April 10 by SRN News

HONG KONG (AP) - Asian stocks were mostly up Friday tracking Wall Street gains while oil prices also rose on the fragile Iran war ceasefire and ahead of Iran-U.S. ceasefire talks in Pakistan. South Korea's Kospi jumped 1.8% to 5,879.71. Tokyo's Nikkei 225 was up... Read More.

Chevron sees Iran war oil boost, warns hedging to weigh

Thursday, April 9 by SRN News

By Sumit Saha April 9 (Reuters) - Chevron said on Thursday it expected first-quarter upstream earnings to rise between $1.6 billion and $2.2 billion from the previous quarter, fueled by higher oil prices due to the Iran war, though an impact from hedging could weigh... Read More.

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Stories tagged with: oil

Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz

Dollar and oil rise as US-Iran peace talks collapse

Oil prices rise after the US says it would block Iranian ports starting Monday

Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say

Saudi Arabia restores full capacity on East-West oil pipeline to 7 million bpd after attacks

Iran aims to restore majority of refining capability within two months, oil ministry official says

Lessons learned in ’70s have made US, world economies less vulnerable to oil shocks

South Korea close to securing oil supplies from Kazakhstan, minister says

Asian stocks mostly higher and oil gains ahead of planned U.S.-Iran ceasefire talks

Chevron sees Iran war oil boost, warns hedging to weigh

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