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Crude Oil Prices Downward Trend Recorded in Today’s Opening Trade
Crude oil prices declined in Asia on Monday, as traders took profit, where US Crude Futures tumbled by about 6.1 per cent, extending last …
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Iran Threatens to Block Oil Transportation, Crude Oil Prices Rise
This year end has seen a rise in the prices of crude oil for the sixth day, adding 0.1% or 11 cents to $101.45 a barrel on Globex during Asian trading hours. This has been the highest level for crude oil in the past six months.
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OPEC Impasse Leaves Output Levels Unchanged. Oil Prices Soar
An organization known for the high value they place on consensual decision-making, OPEC admitted after the cartel’s meeting that they had left output levels …
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OPEC meeting to focus on output quotas and triple-digit oil prices
The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in …
