SINGAPORE Oil prices hovered near 2019 peaks in early trading on Tuesday after Washington abruptly moved to end all Iran sanctions waivers by May, pressuring importers to stop buying from Tehran.
* Iran oil exports plunge: https://tmsnrt.rs/2IyFzZT
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* Asian importers most hit by potential end of sanction
(Adds Iran sanction detail, updates prices)
* Brent futures hit highest since Nov on OPEC-led supply
* Brent crude to average $75 per barrel this year -RBC
* U.S. crude inventories rise to highest since November 2017
SINGAPORE, April 10 Oil prices edged back
towards five-month highs on Wednesday, supported by ongoing
supply cuts by producer club OPEC and U.S. sanctions against oil
exporters Iran and Venezuela.
SINGAPORE, April 9 Oil prices on Tuesday reached
their highest since November as concerns over exports from
war-torn Libya stoked tightness in the market, with global
supply already hit by OPEC-led production cuts and U.S.
sanctions on Iran and Venezuela.
SINGAPORE China's natural gas demand is set to grow by 14 percent in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge amounts of liquefied natural gas (LNG).
SINGAPORE, April 8 Oil prices rose to their
highest levels since Nov. 2018 on Monday, driven up by OPEC's
ongoing supply cuts and U.S. sanctions against Iran and