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Press Releases

The US could grant fewer Iran oil waivers in May 2019: IHS Markit

Victor Shum of IHS Markit says he expects a deceleration in global economic growth, but not to the extent of causing "demand destruction" in the oil market.

Source: CNBC.com

Futures Now, January 15, 2019

Earnings season should be solid despite the global slowdown, says Invesco's Kristina Hooper. How one trader is playing the pound ahead of U.K. Parliament Brexit vote. And is now the time to buy crude? With CNBC's Seema Mody and the Futures Now traders, Jim Iuorio and Bob Iaccino, both at the CME.

Source: CNBC.com

Crude's making a comeback, and one trader says now's the time to buy

Crude rallies. Trading oil now, with CNBC's Seema Mody and the Futures Now traders, Jim Iuorio and Bob Iaccino, both at the CME.

Source: CNBC.com

Saudi energy minister expresses concern that geopolitics will affect oil market

CNBC's Hadley Gamble reports from Abu Dhabi on the reaction from energy ministers to Secretary of State Mike Pompeo's trip to the Middle East and his meeting with the Crown Prince Mohammed Bin Salman.

Source: CNBC.com

Not looking to grant waivers to import of Iran crude: US representative

Brian Hook, US special representative for Iran discusses the U.S. policy towards Iran and oil.

Source: CNBC.com

Demand is the biggest psychological headwind for oil: Analyst

Demand outlook remains uncertain at the moment, says Helima Croft, head of commodity strategy at RBC Capital Markets.

Source: CNBC.com

OPEC Sec Gen to US oil producers: We’re in the ‘same boat’

OPEC Secretary General Mohammed Barkindo says the cycle that the oil industry has just been through shows that what is good for OPEC is also good for the United States.

Source: CNBC.com

Oil price rebound may not be sustainable in the short term: OCBC

Vasu Menon of OCBC Bank says oil prices could hover around $60 to $65 per barrel in the next 12 months because he expects a "supply response" from OPEC.

Source: CNBC.com

Saudi energy minister: Sticking to Aramco IPO 2021 timeline

Saudi Energy Minister Khalid al-Falih said his country will work with any producers who will help bring "stability to the market

Source: CNBC.com

Oman oil minister: President Trump has been unfair sometimes

I’m sure he has good intentions, but I wish we could sit together and exchange ideas, says Mohammed al-Rumhi, Oman's oil minister.

Source: CNBC.com