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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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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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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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The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in …

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