USA crude was down 0.7 percent at $73.80 a barrel.
Prince Mohammed told Bloomberg on Friday that the kingdom had met its promise to Washington to make up for Iranian oil supplies lost through USA sanctions, reimposed when the United States exited a 2015 nuclear deal between Tehran and six powers.
The US administration is "prepared to work with countries that are reducing their imports on a case-by-case basis", the official added.
Oil fell to the lowest in a week in London on renewed hopes the US may soften the blow of sanctions on Iran's crude exports, and as Saudi Arabia promised to fill any shortfall.
Meanwhile, the Trump administration was in discussions with countries that want to continue buying Iranian oil after sanctions are reimposed early next month, according to two US officials.
The official, speaking on the condition of anonymity, said the administration was "in the midst of an internal process" of considering exemptions for major cuts.
The Joint Comprehensive Plan of Action, a deal reached in 2015 by the Obama administration, meant sanctions on Iran were dropped in exchange for Iran limiting its nuclear activities.
A Hong Kong store is already selling the Pixel 3 XL While it is expected in Charcoal and Chalk colour options, the exact sale details would only be known at the launch event. The phone has 12.2 megapixels Rea camera and 8 megapixels dual front camera with a super-wide secondary front camera.
Brazil election: Jair Bolsonaro leads in exit polls Early exit polls in Brazil's presidential election suggest the far-right candidate, Jair Bolsonaro , will win the first round. Now Bolsonaro and Haddad, the two top candidates from a field of 13 on Sunday, will have to duke it out on October 28.
Two domestic companies have placed orders to buy Iranian oil in November, oil minister Dharmendra Pradhan said on Monday, adding that the government does not yet know if it will be granted a waiver from United States sanctions on Iran.
India, however, wants to keep importing oil from Iran, because Tehran offers discounts and incentives for them at a time when the Indian government is struggling with higher oil prices and a weakening local currency.
In a sign that Iran oil exports won't fall to nothing from November, India will buy 9 million barrels of Iranian crude next month, Reuters reported on Friday.
India has a strong trade and diplomatic relationship with both Iran and the US. According to CNBC, Pradhan said India may use rupees rather than dollars to buy the oil, in an attempt to skirt the sanctions.
Following U.S. President Donald Trump's pressure to tame surging prices, Saudi Arabia's Crown Prince Mohammed Bin Salman said the world's top oil exporter is doing its part by pumping near record levels. No one else will believe him.
Oil rallied to the highest in nearly four years earlier this month on concerns that OPEC and its allies aren't raising output quickly enough to make up for the squeeze on Iranian shipments.
South Korean Foreign Minister Kang Kyung-wha has given a hint of what a grand bargain between the two countries could look like. South Korea's President Moon Jae-in told a cabinet meeting about Xi's visit on Monday without disclosing further information.
Facebook says there has been no known uptick in cloned accounts this week, when the messages started circulating, WSYR reported . Should either method turn up a hit, use Facebook's "report this profile" link to have the unauthorized account deactivated.
Since mid-August, the prices of petrol and diesel increased by Rs 6.86 per litre and Rs. 6.73 per litre, respectively. The price for petrol was hiked by 18 paise per litre whereas the price of Diesel saw a rise of 29 paise per litre.
Did you check out Venom this weekend? Next up we have " First Man " and " Bad Times at the El Royale " on October 12. Paul Dergarabedian, senior media analyst with comScore, credited Sony and Warner Bros. with savvy scheduling.
One situation and they are alone in front of your goalie, or alone in the box and they shoot and score an easy goal. In the end, however, the teams finished just as they started, playing to a 0-0 draw to split the points.
Bill Marler, a Seattle lawyer nationally recognized for his work in food safety, said he hasn't seen a recall this size in years. Officials found two "mentally incoherent" cows laying on their sides and "moaning as if in pain". 267 by the USDAs inspection.
She showed off the very clean, bright, white hat while travelling in an open-air vehicle to see wild animals. The first lady visited Ghana, Malawi and Kenya before landing in Egypt , where she will wrap up her trip.
Microsoft's Windows Server 2019 has also been pulled , although Microsoft has not made an official statement to that effect. There have been a lot of users who have taken to social media and Microsoft's own support website to report the problem.
He said "what's Rocky Fielding up to?', I said "he's looking for a defence" and he says, 'well does he want to fight Canelo?'". Perhaps more interesting than the fight itself, however, is which network it will be broadcast on.
It appears they'll turn to Porcello, though, as Eovaldi suggested he's lined up for Game 4, Rob Bradford of WEEI tweets. Given that the ALDS is only a best-of-five series, Boston won't need Price to start again versus the Yankees .
OnePlus 6T will probably get a Porsche Edition, hints CEO
The company never hesitated to confirm some of the leaked details while also revealing new features of the upcoming smartphone. OnePlus is promising the 6T will have the fastest ever in-display fingerprint scanner, which of course, only time will tell.
Google Pixel 3 may be more expensive than iPhone XR
However, the main underline of the event will be the new Pixel 3 series which will comprise of Pixel 3 and Pixel 3 XL . Google will be holding a dedicated media event for the launch of the Pixel 3 and Pixel 3 XL in India on October 22.
PSG's Mbappe scores four goals vs. Lyon
After both teams had a player dismissed either side of half-time, PSG took control thanks to Mbappe goal blitz. As long as an attacker creates opportunities, everything is fine".
NASA’s Voyager 2 Is Approaching Interstellar Space
When the Sun is at minimum - which we're now closing in on - its activity levels are low, and the Solar wind is slower. A motion from Voyager 1, voyaging at the speed of light, takes 17 hours one way to communicate with Earth.
Google Pixel 3 XL Goes On Sale Before Official Launch
But this might be a cheaper variant of the device and other variants with higher RAM and a bigger storage might also be available. The site claims that the Hong-Kong retailer is offering the Google Pixel 3 XL for a price at around $2,030 (roughly Rs 1,40,000).
USA unemployment rate falls to 3.7 pct in September
Until last month, the Fed had described its policies as "accommodative", or encouraging faster growth, since the Great Recession. Banks and industrial and energy companies, which have struggled for most of 2018, changed place and finished with strong gains.
Brett Kavanaugh is sworn in to U.S. supreme court
And now, you can make sure you're registered to vote before screaming, and screaming, and screaming in to the abyss. White House advisers are encouraging him to keep Kavanaugh in the spotlight in the campaign's final weeks.
US Actively Considering Waivers on Iran Oil Sanctions
While concerns about $100 a barrel oil have run rampant recently, Barclays takes a different approach in its latest prediction. Iran says it has abided by the 2015 nuclear deal, which was struck with five other world powers, besides the United States.