oil exports

Iran's ambitions to regain lost oil sales and market share have been no secret. In fact, the country refused to take part in any sort of agreement that would place a cap on oil exports. Now that Iran's oil industry is no longer affected by international sanctions, the country is expected to...

As oil prices continue trading at fresh 2016 highs, Saudi Arabia is preparing to boost its oil exports to near-record high levels. Reuters, citing "Saudi-based industry sources," reported Saudi Arabia is expected to boost its oil exports to 10.5 million barrels per day (bpd) in the...

U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...

The Commerce Department reported on Tuesday that the U.S. trade deficit, the dollar-value difference between American imports and exports, shrank 12.9 percent to $34.3 billion in November. The figure beat analyst expectations of a deficit of $40.00 billion. The deficit figure from October was...