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2018-06-29 10:45:00

U.S. - IRAN SANCTIONS FOREWER

U.S. - IRAN SANCTIONS FOREWER

WSJ U.S. oil prices jumped more than 3% to above $70 a barrel Tuesday after a senior official said Washington expects all countries to cut oil imports from Iran to zero by November or risk sanctions.

Light, sweet crude for July delivery ended 3.6% higher to $70.53 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, rose 2.1% to $76.31.

Iran exports more than 2 million barrels a day of oil. President Donald Trump in May withdrew from a nuclear deal with…

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Tags: USA, IRAN, SANCTIONS, OIL, PRICE

Chronicle:

U.S. - IRAN SANCTIONS FOREWER
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

U.S. - IRAN SANCTIONS FOREWER
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

U.S. - IRAN SANCTIONS FOREWER
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

U.S. - IRAN SANCTIONS FOREWER
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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