Category Archives: Oil

Oil Turns Bearish amidst OPEC Uncertainty

Earlier this week, Saudi Arabia pulled out of planned talks with non-OPEC countries. Disagreement regarding the burden of supply cuts has been cited as the primary reason. OPEC officials were set to meet with non-members, including Russia, on Monday, but … Continue reading

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Iran to Deal with France’s Total as International Sanctions are Lifted

One of the largest oil companies in France has agreed to purchase hundreds of thousands of barrels of Iranian Crude a day. Oil Minister, Bijan Zanganeh, has decided to allow France’s Total SA to spur the oil industry through its … Continue reading

Posted in dollar, Economy, Euro, Forecasts, France, Global News, Global Trade, Iran, macro-economic, Macro/Sector News, Oil, OPEC, Pound, Uncategorized | Leave a comment