Iran to develop oil industry despite U.S. sanctions

Iran is determined to develop its oil industry in spite of U.S. sanctions imposed on the country, Iranian Oil Minister Bijan Zanganeh said in a televised speech on Saturday. “We will not surrender under any circumstances ... We have to…

Oil falls on resurgence of virus cases

On Friday, Oil prices dropped and were headed for weekly declines as inventories rose and record-breaking new coronavirus cases in the United States stoked concern about the pace of economic recovery and fuel demand. Brent crude was down…

Oil down as U.S. virus spike stokes demand worries

Oil prices fell on Tuesday amid concerns that a surge in new coronavirus cases, especially in the United States, will hamper any recovery in fuel demand. Brent crude LCOc1 futures declined by 24 cents, or 0.56%, to $42.86, by 1236 GMT.…

Pin-point Ramos holds nerve again as Madrid beat Bilbao

Sergio Ramos scored his 22nd consecutive penalty on Sunday as Real Madrid held on for another 1-0 win over Athletic Bilbao to inch closer to winning La Liga. Ramos' fifth goal in seven games since the restart gives Madrid a seven-point…