Oil in US drops below $30 as Iran supply fears mount
Oil in US drops below $30 as Iran supply fears mount
New York - Arab Today
Oil prices hit fresh multi-year lows Friday in the US amid fears of what effect Iran flooding the market with crude will have on the commodity, CNBC reported.
Iran is on track to ship 1.10 million barrels a day in January, a 20 per-cent rise on December.
The price of both Brent and WTI dipped below 30 dollars a barrel Friday as the market braced itself for the additional supply.
Brent is currently around 54 percent lower than its 2015 high while WTI is off around 48 percent from its peak last year.
And at least one analyst believes the falling price isn't about to be checked by oil producers' cartel, OPEC.
- Friday ,14 December GMT 18:55 2018 Libya’s National Oil against paying ‘ransom’ to reopen El Sharara field
- Sunday ,09 December GMT 13:35 2018 OPEC+ deal to ensure stability of oil price, that is positive for Russia
- Thursday ,06 December GMT 13:29 2018 Major oil exporters mull supply cut amid internal rifts, US demands
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:21 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:01 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:32 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on Thursday
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 16:47 2017 Wednesday ,29 March
Asala feels more nostalgic for Syria
GMT 09:23 2017 Sunday ,19 November
No one safe from global pollution without concerted action: warns UN
GMT 15:26 2018 Wednesday ,19 September
Famous Saad Lamjarred jailed for a rape case in France, Again
GMT 05:22 2017 Sunday ,17 December
Paris attacks: Police search homes outside Paris
GMT 23:18 2017 Saturday ,16 December
Jawaher Al Qasimi calls on Emirati women to take advantage
GMT 23:49 2017 Saturday ,03 June
Kuwait FM meets French Ambassador to UN
GMT 02:10 2017 Tuesday ,26 September
October24th-November22nd
GMT 20:43 2017 Wednesday ,26 April
Turks, Kurds clash along northeast Syria border
GMT 04:29 2017 Thursday ,01 June
Gold heading for first monthly drop since December
GMT 18:50 2017 Wednesday ,27 September
Autumn-proof your skin
GMT 00:27 2017 Friday ,21 July
Wolves to the slaughter: France approves cull to save sheep
GMT 20:29 2018 Wednesday ,12 September
Putin identifies poisoning Skripal two suspects as civilians
GMT 10:35 2018 Monday ,08 January
Previse unveils Ozone Defense Nutrify Serum
GMT 09:12 2018 Wednesday ,03 January
Sami Gemayel in Paris to meet with French officials, Kataeb partisans
GMT 07:28 2017 Friday ,22 December
Passing delimitation bill removes speculation of delay in general election
GMT 01:32 2017 Wednesday ,20 December
French police name Charlie Hebdo massacre suspects
GMT 22:34 2017 Tuesday ,27 June
Korean-American held in N. Korea confesses to trying to steal military secrets
GMT 00:10 2017 Tuesday ,19 December
Hundreds dead, millions displaced as rains heap misery on Asia
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor