Crude oil futures ended slightly lower on Thursday as the U.S. and Iran seemed to step away from their conflict, with traders focusing instead on data showing a big increase in U.S. crude oil inventories.
read more... 10/01/2020
Crude oil prices sank on Wednesday as anxiety over a potential war between the U.S. and Iran faded after reports indicated no Americans were killed during missiles launch by Iran at American bases in Iraq. Moreover, President Donald Trump said Iran seems to have pulled back from its threats.
read more... 09/01/2020
Crude oil prices fell about 1% on Tuesday, recording the first decline in four sessions, dragged down by reduced fears of an eventual crude supply disruption in the Middle East after the U.S. killed an Iranian general last Friday.
read more... 08/01/2020
Crude oil prices surged on Friday, hitting the highest level since September 2019 after a U.S. military strike killed General Qassem Soleimani, head of Iran’s elite Quds Force, increasing concerns about a crude oil disruption.
read more... 06/01/2020
Iranian President Hassan Rouhani on Sunday said a new big oilfield has been discovered in Khuzestan province in southwestern Iran.
read more... 11/11/2019