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Tuesday, 12 February 2019 04:35

Oil Up On Saudi and OPEC Cuts

Oil prices gained nearly 3 percent on Tuesday, supported by OPEC-led production cuts, which Saudi Arabia said it would surpass…
Tuesday, 12 February 2019 03:00

OPEC Cuts 2019 Oil Demand Forecast

OPEC cut its forecast for 2019 world oil demand on Tuesday due to slowing economies and expectations of faster supply…
Wednesday, 06 February 2019 04:12

Oil Slips Below $62 as U.S. Inventories Rise

API reports increase in U.S. crude stocks; Venezuela sanctions yet to spark rally but still supportive. File Image: CREDIT AdobeStock…
Tuesday, 05 February 2019 04:05

Oil Falls on U.S. Factory Data

Oil prices fell on Tuesday, a day after data showing a decline in U.S. factory orders dragged both benchmarks down…
Oil rose on Monday, reversing earlier losses, as investors latched on to positive supply-side drivers for the market, although concern…
Oil prices rose on Friday after an OPEC report showed its production fell sharply last month, easing some concerns about…
Monday, 07 January 2019 05:50

Oil Rises 3 percent; Lifted by OPEC Cuts

Oil prices climbed about 3 percent on Monday, rebounding further from 1-1/2-year lows reached in December on support from OPEC…
Oil rose to above $57 a barrel on Friday after China said it would hold trade talks with the United…
Wednesday, 26 December 2018 02:41

Oil Rises to $51 After Steep Slide

Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic…
Roman Marshavin, one of the Russian Energy Ministry officials who orchestrated the 2016 landmark deal with OPEC, is leaving his…
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