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Business News > Mint Authors > Bozorgmehr Sharafedin

Bozorgmehr Sharafedin

ARTICLES BY BOZORGMEHR SHARAFEDIN

Brent crude was up $8.15, or 8.4%, at $104.99 a barrel as of 1221 GMT, having touched a high of $105.79. US WTI crude jumped $7.33, or 8%, to $99.43. (Photo: Reuters)

Oil tops $105 after Russia attacks Ukraine

2 min read . 24 Feb 2022

Oil prices are up more than 10% this year on the concerns over tightening supplies, (Photo: Reuters)

Oil rises on elevated geopolitical risks in Europe and Middle East

1 min read . 24 Jan 2022

OPEC+ is gradually easing those curbs, adding 2.1 million barrels per day (bpd) to the market from May to July.

Oil slips after hitting highest since 2018 before OPEC+ talks

1 min read . 28 Jun 2021

Goldman Sachs expected jet fuel demand would rise to 3.9 million bpd in May, compared to the low of 2.2 million bpd in May 2020. (REUTERS)

Jet fuel demand recovery faces long haul as travel stays regional

3 min read . 10 May 2021

Brent was up 68 cents, or 1.2%, at $60.02 a barrel by 1442 GMT, while US West Texas Intermediate rose 68 cents, or 1.2%, to $57.53 a barrel

Brent hits $60 as supply cuts and stimulus hopes boost prices

2 min read . 08 Feb 2021

Prices slumped more than 4% on Friday following Trump's diagnosis (Photo: AP)

Oil rebounds on Trump health update, Norway shutdowns

1 min read . 05 Oct 2020

US drillers added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported on Friday. Photo: Reuters

Oil edges lower on rising virus cases, US-China tensions

1 min read . 17 Aug 2020

Oil climbs on positive China data, hopes for US stimulus package (Reuters)

Oil climbs on positive China data, hopes for US stimulus package

1 min read . 10 Aug 2020

The recent fall in crude oil prices (Reuters)

Oil falls as virus cases rise and OPEC+ set to boost output

1 min read . 03 Aug 2020

The sun is seen behind a crude oil pump jack (REUTERS)

Oil falls as virus infections rise, eyes on EU recovery plan

1 min read . 20 Jul 2020

An idle oil pumping unit (AP)

Oil dips on surge in COVID-19 infections

1 min read . 13 Jul 2020

Brent's premium to WTI narrowed to less than $1, close to its narrowest since 2016. (Mint )

Brent oil price plunges 10% to four-year low as coronavirus spreads

2 min read . 16 Mar 2020

Oil prices had climbed $2 earlier in the session on hopes that spending cuts by North American producers to cope with multi-year low crude prices would lead to a drop in output (Photo: Reuters)

Oil falls 3% as Saudi, UAE plan for higher output capacity

2 min read . 11 Mar 2020

Iran’s supreme leader Ayatollah Ali Khamenei said on his website that he would address the nation about the recent events “when the time is right”. Photo: Reuters

Iran protests: Ayatollah Ali Khamenei blames enemies for unrest as death toll rises to 21

4 min read . 02 Jan 2018

Individuals and entities associated with the IRGC are already on the US list of foreign terrorist organizations, but the organization as a whole is not. Photo: Reuters (Reuters)

Iran vows ‘crushing’ response if US brands its elite force as terrorist group

2 min read . 09 Oct 2017

During his election campaign Donald Trump called the Iran nuclear deal a ‘disaster’ and ‘the worst deal ever negotiated.’ Photo: AP

Iran says can produce highly enriched uranium in days if US quits nuclear deal

1 min read . 22 Aug 2017

President Hassan Rouhani during a ceremony marking the beginning of manufacturing of new Iran Khodro products, Dena+ and Peugeot 2008, in Tehran on 2 May. Photo: Reuters

Absent from US, French carmakers Renault, PSA drive into Iran election

5 min read . 17 May 2017

Last week, Pakistan PM Nawaz Sharif was asked by Iran’s foreign minister Mohammad Javad Zarif to improve border security. Photo: AP/PTI

Iran threatens to cross into Pakistan and hit militant ‘safe havens’

1 min read . 08 May 2017

Ali Khamenei has repeatedly criticised President Hassan Rouhani for the terms of the nuclear deal he reached with world powers which lifted economic sanctions. Photo: Reuters

Iran’s Ali Khamenei criticises economy, piling pressure on Hassan Rouhani

1 min read . 20 Mar 2017

A file photo of Asghar Farhadi. The Salesman’s win was the second Oscar for the director, five years after he won for ‘A Separation’. Photo: Reuters

Iran praises Oscar-winning director Asghar Farhadi for anti-Trump stance

1 min read . 27 Feb 2017