Edition:
United Kingdom

Bozorgmehr Sharafedin

Brent contango narrowing on possible OPEC+ action, recovering Asian demand

19 Nov 2020

LONDON Brent crude oil futures' spreads in 2021 have narrowed significantly as demand from Asia has been strong and markets remained hopeful that OPEC and its allies could extend their output cuts.

Iran says it exports 700,000 bpd of oil, later denies

11 Nov 2020

DUBAI/LONDON An Iranian official said on Wednesday that Tehran exported up to 700,000 barrels per day (bpd) of oil since March, but was later quoted by an Iranian news agency casting doubt on the figure which had been kept secret as the country fights U.S. sanctions.

European lockdowns weigh on global fuel recovery

10 Nov 2020

LONDON/NEW YORK/SINGAPORE Renewed restrictions in Europe and the United States to combat the coronavirus have slowed the pace of fuel demand recovery, offsetting a rebound in Asian economies where consumption has almost returned to pre-COVID levels.

European lockdowns weigh on global fuel recovery

10 Nov 2020

LONDON/NEW YORK/SINGAPORE - Renewed restrictions in Europe and the United States to combat the coronavirus have slowed down the pace of fuel demand recovery, offsetting a rebound in Asian economies where consumption has almost returned to pre-COVID levels.

European lockdowns weigh on global fuel recovery

10 Nov 2020

LONDON/NEW YORK/SINGAPORE - Renewed restrictions in Europe and the United States to combat the coronavirus have slowed down the pace of fuel demand recovery, offsetting a rebound in Asian economies where consumption has almost returned to pre-COVID levels.

UPDATE 7-Oil drops on rising virus cases, increasing Libyan output

26 Oct 2020

* Both contracts fell almost 2.5% last week (Updates prices, adds Barkindo's comments)

Analysis: Biden presidency could cut slow path to resumed Iran, Venezuela oil exports

21 Oct 2020

By Timothy Gardner, Marianna Parraga and Bozorgmehr Sharafedin

Analysis: Biden presidency could cut slow path to resumed Iran, Venezuela oil exports

21 Oct 2020

By Timothy Gardner, Marianna Parraga and Bozorgmehr Sharafedin

ANALYSIS-Biden presidency could cut slow path to resumed Iran, Venezuela oil exports

21 Oct 2020

By Timothy Gardner, Marianna Parraga and Bozorgmehr Sharafedin

Oil dips after OPEC+ meeting as Libyan supply boost weighs

19 Oct 2020

NEW YORK Oil edged lower on Monday, weighed by concerns over surging coronavirus cases globally and by Libya's plan to boost output, but hopes for a U.S. fiscal package lent some support.

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