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OPEC slashes 2019 oil demand forecast

The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday slashed it’s forecast for world oil demand in 2019. The exporting group cited slowing economies and crude output hike from […]

OPEC president says oil market is correcting
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OPEC president says oil market is correcting

United Arab Emirates (UAE) Energy Minister, Suhail al-Mazrouei on Monday said the global oil market is “correcting”. Mazrouei who doubles as the Organisation of Petroleum Exporting Countries (OPEC) President, told […]

Crude prices rebound, rise by 1%
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Crude prices rebound, rise by 1%

  Oil prices on Friday jumped 1 percent, rebounding after two days of heavy declines with support from robust Chinese crude imports, but oil was still heading for its first […]