Oil prices dipped on Friday but stayed near their highest levels since 2015 on pledges from…
Tag: OPEC
OPEC starts working on oil supply cut exit strategy- Sources
The Organization of the Petroleum Exporting Countries (OPEC) has started working on plans for an exit…
Oil falls as UK North Sea oil pipeline moves closer to restart
Oil prices fell on Thursday after the operator of Britain’s Forties pipeline in the North Sea…
North Sea pipeline outage, lower U.S. crude stocks support oil prices
Crude prices firmed on Wednesday supported by expectations of a fall in U.S. inventories and the…
Oil gains as Forties outage, Nigeria strike threaten supply
Oil price edged higher on Monday, supported by a North Sea pipeline outage and a Nigerian…
Unfazed by OPEC, Libya, Nigeria seek to boost oil output
Less than two weeks after OPEC’s decision to extend oil production cuts, Libya and Nigeria the…
Oil hits two year high on pipeline shutdown
Oil prices jumped to their highest in more than two years on Tuesday after the shutdown…
Oil prices under pressure from rise in U.S. drilling rigs
Oil prices edged lower on Monday as rising U.S. drilling activity pointed to a further increase…
Oil edges up on Chinese demand, but weekly losses loom
Oil prices edged up on Friday, helped by rising Chinese crude demand and threats of a…
Oil falls as rise in U.S. fuel stocks suggests easing demand
Oil fell on Wednesday after a surprise rise in U.S. inventories of refined products that suggested…
Oil edges higher, anticipating another drawdown in U.S. stocks
Oil edged higher on Tuesday, supported by strong demand, expectations of a drop in U.S. crude…