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Increased U.S. crude exports will plunge oil prices - Total CEO

Increased U.S. crude exports will plunge oil prices – Total CEO

The Chief Executive Officer of Total SA, Patrick Pouyanné, on Wednesday said crude oil prices will fall towards the of the year due to increased United States crude...

Trump cannot bring oil prices down by bullying - Iran

Trump cannot bring oil prices down by bullying – Iran

United States President, Donald Trump, cannot bring oil prices down by “bullying” other nations, Iran’s Oil Minister, Bijan Zanganeh said on Tuesday. He added that...

Donald Trump

OPEC must lower oil prices, says Trump

President Donald Trump on Thursday urged the Organization of the Petroleum Exporting Countries (OPEC), to lower crude prices, saying the United States was providing...

South Sudan's oil sector gets $1bn boost from South Africa

Oil prices rise over hurricane in Gulf of Mexico

Crude oil prices jumped on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. U.S. light crude rose $1.60 a barrel from...

Commission okays Norway's $1tr wealth fund oil stocks investments

U.S. sanctions on Iran push up oil prices

Crude oil prices on Tuesday rose with revived U.S. sanctions against major crude exporter, Iran, expected to tighten global supply. Brent crude oil futures were up 86...

Iraq to increase crude production output

Oil prices rise over drop in Saudi output

Crude oil prices rose on Monday after Saudi crude production unexpectedly fell in July and U.S. drilling appeared too slow. Although the price is still almost 10 percent...

Commission okays Norway's $1tr wealth fund oil stocks investments

Oil prices drop for a third day over supply increase

Crude oil prices fell on Thursday for a third day following a surprise increase in U.S. crude inventories that added to existing concern about the rapid rise in global...

Commission okays Norway's $1tr wealth fund oil stocks investments

Oil prices fall as oversupply concerns rise

Crude Oil prices on Tuesday fell, with Brent futures set for their biggest monthly loss in two years, as oversupply concerns rose after a Reuters survey showed OPEC...

OPEC president says oil market is correcting

Oil prices rise over fall in U.S. crude inventories

Crude oil prices rose for a second day on Wednesday after data showed U.S. crude inventories fell more than expected. This is easing worries about oversupply that have...

Commission okays Norway's $1tr wealth fund oil stocks investments

Oil prices spike over Middle East supply concerns

Crude oil prices rose on Monday over concerns as regards supply after tensions worsened between Iran and the United States. Meanwhile, some offshore workers have begun a...

Commission okays Norway's $1tr wealth fund oil stocks investments

Oil prices rise over Norway strike, Libyan disruption

Crude oil prices on Tuesday rose by more than $1 dollar per barrel due to growing global supply outages. Norway is shutting down one oilfield as hundreds of workers...

OPEC president says oil market is correcting

Oil prices dip as OPEC nears deal to hike output

Crude oil prices fell on Thursday as crude exporters in the Organization of the Petroleum Exporting Countries (OPEC), appeared to be nearing a deal to increase...

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