Tag: oil shipments

Commercialization, Conventional Fuels

Oil markets are underestimating the impact of another flare-up in US-Iran tensions, analysts warn

June 24, 2019

Via: CNBC energy

Oil traders are under-prepared for another flare-up in U.S.-Iran tensions, energy analysts have told CNBC, as President Donald Trump’s administration prepares to impose “major ” new sanctions on the Islamic Republic. Six oil tankers and a U.S. spy drone have […]

News and Policies, World

Saudi Arabia is slashing oil shipments to US, a tactic that boosts prices and may rile Trump

November 16, 2018

Via: CNBC energy

Saudi Arabia is slashing shipments of crude to the United States, a move that appears calibrated to boost oil prices after a swift and punishing sell-off. The move could put the kingdom at loggerheads with President Donald Trump, who wants […]