Post Tagged with: "Middle East tensions"

Source: Houston Chronicle

Iraq Oil Supplies Vulnerable as Mideast Tensions Flare, IEA Says

Houston Chronicle

Oil supplies from Iraq, the Middle East’s second-biggest producer, are “potentially vulnerable” amid rising political risks in the country and the broader region, the International Energy Agency warned.

Crude prices briefly soared to a three-month high above $70 …


Operations resume at Iraq’s Nassiriya oilfield


BASRA, Iraq – Operations resumed at Iraq’s southern Nassiriya oilfield on Monday, the oil ministry said, but it will take up to two days for output to be fully restored, two oil sources said.

Protesters broke into the oilfield, …

December 30, 2019 - 3:00 pm Closing Bell Story‎, Crude Oil News, Energy News, International
Source: Reuters

Oil hits three-month high on upbeat data, Middle East tension


NEW YORK – Oil prices rose on Monday to three-month highs, lifted by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following U.S. air strikes in …

Source: Reuters

Oil prices rise on Middle East tensions but trade tensions weigh


LONDON – Oil edged higher on Wednesday as Iran-related tensions escalated but receding hopes for a quick solution to the U.S.-China trade war which has dented global growth dragged on prices.

West Texas Intermediate crude futures CLc1 traded up …