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 21:52 2017 Thursday ,19 October
Israeli forces arrest 7 Palestinians in West Bank
GMT 15:41 2017 Wednesday ,04 October
Putin warns against double standards in war on terror
GMT 23:42 2017 Monday ,18 September
Mattis 'shocked' by low level of US military readiness
GMT 07:45 2017 Friday ,21 April
French policeman killed in Paris attack claimed by IS
GMT 17:36 2017 Saturday ,14 October
What's at stake for business in Iran's nuclear deal
GMT 14:14 2017 Saturday ,11 February
Ghada Adel praises participation with Adel Imam
GMT 21:00 2017 Thursday ,05 October
Scores of settlers storm into Al Aqsa
GMT 11:56 2017 Wednesday ,29 November
Iraqis throng to Picasso in Baghdad
GMT 05:43 2018 Wednesday ,12 September
"Ala" Syria determined to liberate Idleb from terrorism
GMT 19:47 2018 Thursday ,18 January
Sultan Al Qasimi launches Sharjah real estate projects
GMT 21:39 2018 Friday ,12 January
Crown Prince chairs meeting of the Supreme Commission
GMT 13:37 2018 Sunday ,07 January
PML-N govt solves terror, electricity problems: Abid Sher Ali
GMT 14:56 2017 Monday ,06 March
Pablo Escobar's son slams TV series for 'glorifying' criminals
GMT 10:58 2017 Thursday ,20 April
Kabbara meets Saudi counterpart, IMO chief in Cairo
GMT 00:10 2017 Tuesday ,10 October
Turkey calls for new round of Syria talks in Geneva
GMT 00:29 2017 Tuesday ,24 October
HM King congratulates UN secretary-general
GMT 14:02 2017 Tuesday ,24 October
Death toll rises in attack on Egyptian police officers in Giza
GMT 10:42 2017 Monday ,22 May
Egypt refers 48 IS suspects to military court
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