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Oil Tumbles Below $30 With Brent at Biggest Discount Since 2010 - Bloomberg;

Oil Tumbles Below $30 With Brent at Biggest Discount Since 2010 - Bloomberg

BloombergOil Tumbles Below $30 With Brent at Biggest Discount Since 2010BloombergOil dropped to a new 12-year low below $30 a barrel in New York, while the discount on global benchmark Brent reached a five-year high as Iran moved closer to restoring exports. The most important business stories of the day. Get Bloomberg's daily ...and more »

As Iran Prepares to Sell Its Oil, Officials Look at Ways to Bolster the Price - Wall Street Journal;

As Iran Prepares to Sell Its Oil, Officials Look at Ways to Bolster the Price - Wall Street Journal

Wall Street JournalAs Iran Prepares to Sell Its Oil, Officials Look at Ways to Bolster the PriceWall Street JournalWith implementation of the Iran nuclear deal, years-long economic sanctions are being lifted. What areas of Iran's economy are likely to be the biggest winners? WSJ's Jason Bellini has #TheShortAnswer. Photo: Getty. By. Benoît Faucon. Jan. 15, 2016 2 ...and more »

What's behind the falling price of oil? - Aljazeera.com;

What's behind the falling price of oil? - Aljazeera.com

Aljazeera.comWhat's behind the falling price of oil?Aljazeera.comWith the price of oil now below $30 a barrel, the industry is in its deepest downturn since the 1990s. 15 Jan 2016 22:29 GMT | Business & Economy, Politics, Middle East · Listen to this page using ReadSpeaker. 0; All Social ...and more »

Oil plummets to $29, dragging world stocks lower - Reuters;

Oil plummets to $29, dragging world stocks lower - Reuters

ReutersOil plummets to $29, dragging world stocks lowerReutersPeople walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett. 1/2. left. right. An investor checks stock information on a mobile device at a brokerage house in Shanghai, China, January 8, 2016.and more »

Oil plunges below $29 on prospects of more Iran crude, China worries - Reuters;

Oil plunges below $29 on prospects of more Iran crude, China worries - Reuters

ReutersOil plunges below $29 on prospects of more Iran crude, China worriesReutersA pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford. By Devika Krishna Kumar | NEW YORK. NEW YORK Oil prices crashed 6 percent on Friday to close ...and more »

Oil Drop Deepens As Global Market Braces For More Iranian Crude - International Business Times;

Oil Drop Deepens As Global Market Braces For More Iranian Crude - International Business Times

International Business TimesOil Drop Deepens As Global Market Braces For More Iranian CrudeInternational Business TimesOil prices crashed 6 percent on Friday to close below $30 a barrel for the first time in 12 years, resuming this year's breathtaking rout as Chinese stock markets fell further and traders braced for an imminent rise in Iran's exports. After closing ...and more »

Oil Prices Tumble Below $30 a Barrel - Wall Street Journal;

Oil Prices Tumble Below $30 a Barrel - Wall Street Journal

Wall Street JournalOil Prices Tumble Below $30 a BarrelWall Street JournalOil prices settled below $30 a barrel on Friday for the first time in 12 years as turmoil in Chinese markets and the expected increase in Iranian crude exports added to concerns that a global glut will linger. Light, sweet crude for February delivery ...and more »

US oil plunges 5.7% on China, closes at $29.42 a barrel - CNBC;

US oil plunges 5.7% on China, closes at $29.42 a barrel - CNBC

CNBCUS oil plunges 5.7% on China, closes at $29.42 a barrelCNBCWorld oil prices slumped to below $29 a barrel on Friday, as a further fall in the Chinese stock market and the prospect of an imminent rise in Iran's crude exports deepened fears of a longer supply glut. After closing higher for the first time in ...and more »

Re-Covering Oil and War - The Market Oracle;

Re-Covering Oil and War - The Market Oracle

The Market OracleRe-Covering Oil and WarThe Market OracleThe first thing that popped into our minds on Tuesday when WTI oil briefly broached $30 for its first $20 handle in many years, was that this should be triggering a Gawdawful amount of bets, $30 being such an obvious number. Which in turn would of ...and more »

A welcome drop in the global price of crude oil - Financial Times;

A welcome drop in the global price of crude oil - Financial Times

Financial TimesA welcome drop in the global price of crude oilFinancial TimesThe financial markets' downbeat, if not downright grisly, start to the year continued this week as stocks in several countries and the global oil price fell sharply. Sample the FT's top stories for a week. You select the topic, we deliver the news ...and more »

As Iran's Tankers Point Abroad, Oil Prices Tumble - The Maritime Executive;

As Iran's Tankers Point Abroad, Oil Prices Tumble - The Maritime Executive

The Maritime ExecutiveAs Iran's Tankers Point Abroad, Oil Prices TumbleThe Maritime ExecutiveWith Iran ready to resume business as usual with the world under a historic nuclear deal, Tehran will target India, Asia's fastest-growing major oil market, and old partners in Europe with hundreds of thousands of barrels of its crude. Futures markets ...and more »

Crude oil falls below $30 per barrel - UPI.com;

Crude oil falls below $30 per barrel - UPI.com

UPI.comCrude oil falls below $30 per barrelUPI.comCrude oil prices dive below $30 per barrel as Chinese jitters extend deeper into the start of January trading. Oil prices are at their lowest point in more than 10 years. File photo by Debbie Hill/UPI. | License Photo. NEW YORK, Jan. 15 (UPI ...and more »

Iran Readies Oil Tankers To India As UN Prepares To Lift Sanctions - International Business Times;

Iran Readies Oil Tankers To India As UN Prepares To Lift Sanctions - International Business Times

International Business TimesIran Readies Oil Tankers To India As UN Prepares To Lift SanctionsInternational Business TimesIran oil production Iran's Soroush production platform sits on a barge on Qeshm Island in the Persian Gulf, Oct. 6, 2003. Photo: Reuters/Raheb Homavandi; Iran oil prices Iran is readying to resume crude oil exports to old business partners in Europe ...and more »

Why Oil-Rich Iran Is Eyeing India As Clock Ticks Down On Sanctions - NDTV;

Why Oil-Rich Iran Is Eyeing India As Clock Ticks Down On Sanctions - NDTV

NDTVWhy Oil-Rich Iran Is Eyeing India As Clock Ticks Down On SanctionsNDTVIran has 13 fully loaded crude carriers carrying enough fuel to meet India's import needs for almost a week. (Reuters photo). Singapore/London/New York: With Iran poised to resume usual business ties with the world under a historic nuclear deal, Tehran ...and more »

As clock ticks down on sanctions, oil-laden Iran tankers set to target India and Europe - Times of India;

As clock ticks down on sanctions, oil-laden Iran tankers set to target India and Europe - Times of India

Times of IndiaAs clock ticks down on sanctions, oil-laden Iran tankers set to target India and EuropeTimes of IndiaSINGAPORE/LONDON/NEW YORK: With Iran poised to resume usual business ties with the world under a historic nuclear deal, Tehran is set to target India, Asia's fastest-growing major oil market, and old partners in Europe, with hundreds of thousands of ...and more »

South Korea's Iran crude oil imports drop 62.2 percent year-on-year in December - Reuters;

South Korea's Iran crude oil imports drop 62.2 percent year-on-year in December - Reuters

ReutersSouth Korea's Iran crude oil imports drop 62.2 percent year-on-year in DecemberReutersSouth Korea's top refiner SK Energy's main factory is seen in Ulsan, about 410 km (256 miles) southeast of Seoul, February 25, 2009. REUTERS/Jo Yong-Hak. 1/2. left. right. An employee holds a gas pump at a gas station of Hyundai Oilbank in Seoul in ...and more »

$15 Oil? It's Already Here, in Canada - Wall Street Journal;

$15 Oil? It's Already Here, in Canada - Wall Street Journal

Wall Street Journal$15 Oil? It's Already Here, in CanadaWall Street JournalCrude prices dipped below $30 a barrel this week for the first time in years. But for many producers, $30 oil already is a thing of the past. Most barrels of oil sold globally garner less than benchmark prices because they are deemed lower quality, or ...and more »

Bounce in oil prices lifts energy shares, US stocks - Reuters;

Bounce in oil prices lifts energy shares, US stocks - Reuters

ReutersBounce in oil prices lifts energy shares, US stocksReutersPeople walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett. 1/2. left. right. A man walks past an electronic board showing graphs of recent Japan's Nikkei share average outside a brokerage ...and more »

Oil up after eight-day rout; worries remain Iran will add to glut - Reuters;

Oil up after eight-day rout; worries remain Iran will add to glut - Reuters

ReutersOil up after eight-day rout; worries remain Iran will add to glutReutersNEW YORK Oil rebounded on Thursday, snapping an eight-day rout, as investors covered short positions but the market settled not far from 12-year lows on worries Iran may add barrels to a glutted global market sooner than expected. Global crude ...and more »

Oil Outlook: Will Dirt Cheap Prices Ever Rise? - Nasdaq;

Oil Outlook: Will Dirt Cheap Prices Ever Rise? - Nasdaq

NasdaqOil Outlook: Will Dirt Cheap Prices Ever Rise?NasdaqOil prices climbed ever so slightly Thursday, with both Brent Oil and West Texas Intermediate gaining nearly 0.5%. Nevertheless, the worldwide price per barrel of oil is still hovering around 12-year lows. These ridiculously cheap oil prices are ...and more »