Iran

It was another big week for oil investors, with both WTI and Brent crude hitting their highest prices since 2014. Here’s a look at the latest key numbers from the oil market and some of the headlines that were moving oil prices this week. Weekly Reports On Tuesday, the American Petroleum...

The oil market is entering a difficult environment, with President Donald Trump demanding that OPEC and major oil-producing nations increase supply, according to S&P Global Platts writer Herman Wang. This comes just weeks ahead of a new round of sanctions against Iran that lower the global...

The tanker group as a whole is "uniquely positioned" to take advantage of a likely increase in oil production and potentially significant IMO 2020 tailwinds, according to Wells Fargo. The Analyst Wells Fargo's Michael Webber upgraded the following stocks DHT Holdings Inc (NYSE: DHT)...

Oil prices traded lower Tuesday morning and saw heavy selling pressure last week. With the price of WTI hovering around the $67 mark, the upside case for $100 a barrel still can't be ruled out, according to Helima Croft, global head of commodity strategy at RBC Capital Markets. What Happened...

The energy sector has been on a tear in the second quarter. The Energy Select Sector SPDR (NYSE: XLE), the largest energy exchange-traded fund by assets, is higher by 17 percent so far in the quarter while the S&P 500 is about 5.3 percent. Oil's move to multi-year highs and the resurgence...

President Donald Trump announced Tuesday that he would reinstate "the highest level of economic sanctions" against Iran and withdraw from the nuclear deal negotiated by his predecessor. “This disastrous deal gave this regime, a regime of great terror, many billions of dollars,...

President Donald Trump on Wednesday signed legislation passed overwhelmingly by Congress that slaps Russia with new sanctions and restricts the scandal-plagued president’s ability to weaken them. Under enormous pressure to sign the bill into law while a special prosecutor probes Trump’s...

The Middle Eastern geopolitical landscape shifted over the weekend after a handful of Gulf countries officially cut ties with the small but rich nation of Qatar. Saudi Arabia, along with Bahrain, the United Arab Eremites and Egypt halted air, sea and land travel to and from Qatar, Bloomberg...

Amazon.com, Inc. (NASDAQ: AMZN) disclosed in a Securities and Exchange Commission filing Friday that it made sales to “certain individuals and entities” covered by American sanctions against Iran. Amazon said it does not plan to do business with the accounts going forward and that the...