Iranian Crisis Could Send Oil To $100
Oil prices started the year on a high note as some geopolitical tension pushed aside bearish concerns. Both WTI and Brent opened above $60 per barrel for the first time Continue Reading
Hard-Liners and Reformers Tapped Iranians’ Ire. Now, Both Are Protest Targets.
Antigovernment protests roiled Iran on Tuesday, as the death toll rose to 21 and the nation’s supreme leader blamed foreign enemies for the unrest. But the protests that have spread Continue Reading
Record year for Iraq oil exports
Iraqi oil exports from the Basra Gulf in December set yet another record, capitalizing on a steady uptick in crude prices and capping a breakout year in the oil sector Continue Reading
Death Toll Rises in Iran as Widespread Protests Continue
Iranian students clashed with riot police during an anti-government protest around the University of Tehran on December 30. A wave of protests in Iran on a scale not seen in Continue Reading
Iranian crackdown intensifies after police posts attacked
Police have arrested more than 450 protesters in the Iranian capital Tehran over the past three days, the deputy provincial governor said on Tuesday, as a crackdown intensified against anti-government Continue Reading
Saudi Arabia may keep February Arab Light crude to Asia near three-year high
Top oil exporter Saudi Arabia is expected to keep the February price for Arab Light crude steady, close to the highest in more than three years, while lowering prices for Continue Reading
Rouhani backs right to demonstrate as protests rock Iran
Iran’s president Hassan Rouhani appealed for calm on Sunday after the country was rocked by the biggest anti-regime protests in a decade. He told protesters they had the right to Continue Reading
Ten people killed in Iran unrest on Sunday: state television
Ten people were killed during street protests in Iran on Sunday, state television said on Monday. The nationwide protests have drawn in tens of thousands of people and represent the Continue Reading
Israeli pipeline, once a link to Iran, will remain a mystery
An oil pipeline company established decades ago by Israel and Iran, and a new Israeli company that is meant to replace it, can continue to operate secretly, an Israeli parliamentary Continue Reading
Saudi Arabia hikes gasoline prices
Saudi Arabia was set to raise local gasoline prices on Monday, state news agency SPA reported. The initiative, aimed at more efficient energy use, coincides with an ambitious reform plan Continue Reading