At least 30 ASX oil juniors have enjoyed share price gains this week following Donald Trump’s withdrawal from the  Iran nuclear deal.

Iran is the world’s fifth biggest oil producer — and its output is expected to fall dramatically as US sanctions hit.

The price of WTI oil, the US benchmark, oil broke through $US70 for the first time in three and a half years this week (see price graph below).

Brent crude was trading above $US77 per barrel this morning reaching a high not seen since November 2014. On Wednesday, as tensions over President Trump’s withdrawal from the Iran nuclear deal increased, Brent saw its price rise 3 per cent.

>> Scroll down for an updated list of ASX oil juniors and their share price movements so far this week.

Bass Oil (ASX:BAS) says it’s getting prices not seen since 2014, and Fremont Petroleum (ASX:FPL) says strong prices mean it’s now cash flow positive.

In April, Bass’s Indonesian joint venture sold 17,958 barrels of oil at an average price of $US65.57 per barrel. Production for the month stood at 16,994 barrels.

That price was 9.6 per cent higher than in March.

Fremont said it produced 3336 barrels in April in total from two fields in Colorado and Kentucky — up 40 per cent on March after work-overs of producing wells bought some wells back on stream.

The price of WTI Crude Oil over the past year.
The price of WTI Crude Oil over the past year.

>> Here’s a list of ASX oil juniors and their share price movements so far this week.

Swipe or scroll to reveal table.

Ticker Company Price change this week Price May 10 Market Cap
IPB IPB PETROLEUMI 0.375 0.011 1.4M
PVE PO VALLEY ENERGY 0.354838709677 0.042 18.0M
OEX OILEX 0.333333333333 0.004 7.5M
OEL OTTO ENERGY 0.27868852459 0.078 104.1M
BAS BASS OIL 0.25 0.005 10.4M
SEA SUNDANCE ENERGY 0.245901639344 0.076 480.7M
ABL ABILENE OIL AND 0.166666666667 0.007 2.8M
BRK BROOKSIDE ENERGY 0.166666666667 0.014 13.8M
CVN CARNARVON PETROL 0.129032258065 0.175 180.2M
FPL FREMONT PETROLEU 0.125 0.009 5.4M
AOW AMERICAN PATRIOT 0.12 0.028 7.5M
EEG EMPIRE ENERGY GR 0.114285714286 0.039 50.6M
TEG TRIANGLE ENERGY 0.103896103896 0.085 18.5M
E2E Eon NRG 0.1 0.011
RLE REAL ENERGY CORP 0.09375 0.105 25.5M
BRU BURU ENERGY 0.0833333333333 0.39 164.2M
COI COMET RIDGE 0.078125 0.345 219.9M
AJQ ARMOUR ENERGY 0.0705882352941 0.091 36.5M
STX STRIKE ENERGY 0.0675675675676 0.079 85.4M
CTP CENTRAL PETROL 0.0625 0.17 116.7M
SGC SACGASCO 0.0625 0.051 12.8M
SEH SINO GAS & ENERG 0.0571428571429 0.185 381.0M
RAW RAWSON OIL AND G 0.046511627907 0.045 4.4M
BYE BYRON ENERGY 0.038961038961 0.4 270.6M
MEL METGASCO 0.0363636363636 0.057 22.7M
ATS AUSTRALIS OIL & 0.025974025974 0.395 353.1M
NEW NEW ENERGY SOLAR 0.0215827338129 1.42 465.2M
PSA PETSEC ENERGY 0.0215053763441 0.095 30.4M
JPR JUPITER ENERGY 0.0149253731343 0.068 10.4M
TDO 3D OIL 0 0.07 16.6M
AVD ANTILLES OIL AND 0 0.021 3.4M
BUL BLUE ENERGY 0 0.14 161.7M
BUY BOUNTY OIL & GAS 0 0.006 5.7M
EMP EMPEROR ENERGY 0 0.003 2.7M
EOR ENHANCED OIL & G 0 0.008 7.9M
GGX GAS2GRID 0 0.003 3.4M
HZN HORIZON OIL 0 0.15 195.3M
JKA JACKA RESOURCES 0 0.002 921.7k
KEY KEY PETROLEUM 0 0.01 13.5M
KPL KINA PETROLEUM 0 0.071 27.2M
LKO LAKES OIL NL 0 0.003 82.9M
NGY NUENERGY GAS 0 0.06 88.9M
PCL PANCONTINENTAL 0 0.004 21.0M
RRS RANGE RESOURCES 0 0.004 30.4M
REY REY RESOURCES 0 0.22 46.7M
SSN SAMSON OIL & GAS 0 0.002 4.9M
TPD TALON PETROLEUM 0 0.005 5.1M
TMK TAMASKA OIL & GA 0 0.003 5.9M
TNP TRIPLE ENERGY 0 0.054 2.3M
WBE WHITEBARK ENERGY 0 0.008 7.9M
ELK ELK PETROLEUM -0.012987012987 0.076 99.4M
TAP TAP OIL -0.0133333333333 0.074 31.1M
COE COOPER ENERGY -0.0135135135135 0.365 576.4M
FDM FREEDOM OIL AND -0.016393442623 0.3 273.1M
CUE CUE ENERGY RES -0.0281690140845 0.069 47.5M
GBP GLOBAL PETROLEUM -0.0285714285714 0.034 6.9M
EXR ELIXIR PETROLEUM -0.0333333333333 0.087 19.3M
88E 88 ENERGY -0.0487804878049 0.039 222.3M
WEL WINCHESTER ENERG -0.0810810810811 0.034 10.0M
MAY MELBANA ENERGY -0.0909090909091 0.01 18.3M
WOF WOLF PETROLEUM -0.125 0.007 4.8M
HE8 HELIOS ENERGY -0.127659574468 0.041 62.2M