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Month: February 2016

Category:
  • Prices

OPEC rumors again drive oil higher

Speculation that major world oil producers could at least curb increases caused crude oil prices to soar Friday, though underlying economic pessimism remains. Several media outlets reported the government of Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Prices

Oil prices jump but weekly losses and physical excess loom

Oil prices jumped on Friday on hopes of a coordinated production cut sparked by comments from the energy minister of OPEC member United Arab Emirates. Still, analysts said such a Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

The Latest: Aid group says over 100,000 have fled Aleppo

The Latest on the conflict in Syria and international diplomatic efforts to end the violence (all times local): 10:30 p.m. A medical aid organization estimates that more than 100,000 people Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

Why the Syrian cease-fire probably won’t work

 Questions about how and when a Syrian truce will be implemented deepened skepticism that the cease-fire will work, as Russian and Syrian warplanes on Friday sustained their relentless bombardment of Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

In Syria, Skepticism That Cease-Fire Will Stop Fighting

The morning after the United States and Russia agreed on a cease-fire plan for Syria ’s nearly five-year-old war, a dozen Syrians huddled at the border gate here on Friday Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

Syria Truce Deal Makes Aid a Political Tool, Critics Say

Leaders of humanitarian aid organizations have, over the last few months, repeatedly implored the warring parties in Syria and their backers not to use the delivery of food and medicine Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Iran

Iran again postpones London energy summit

Organizers of an Iranian petroleum conference scheduled in London said the event was postponed because Iranian delegates were having visa issues. CWC Group Ltd. said the National Iranian Oil Co. Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Iran

Iran Gets Help With Oil Cargoes as Insurer Says U.S. Curb Lifted

A U.S.-based insurer to the global shipping industry said it got government authorization to cover non-American companies transporting oil from Iran, potentially helping the Persian Gulf country to revive exports Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Kuwait
  • Prices

Kuwait Petroleum International says oil prices could reach $50 a barrel mid-2017

Kuwait Petroleum International (KPI) said on Saturday oil prices could reach a range of $50 to $60 a barrel by mid-2017, the official state news agency reported. The agency quoted Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple
Category:
  • Iraq

Sunni Resentment Muddles Prospect of Reunifying Iraq After ISIS

When Iraqi ground forces and American aircraft began assaulting the city of Ramadi more than a month ago, Ghusoon Muhammed and her family fled to the government’s front line, as Continue Reading

Posted On : 13 Feb 2016 Published By : Tom Whipple

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