oil markets
Trump Budget Proposes Deep Cut To US Oil Stockpile
President Donald Trump's budget released Tuesday proposed radically downsizing the US Strategic Petroleum Reserve,...
Most Asian Markets Retreat After Upbeat Week
Most Asian markets turned lower Friday following a healthy run-up in the week, tracking a sell-off on Wall Street where...
Oil Prices Have Plunged 15% In 3 Weeks
Renewed fears about the oil supply glut have sent crude prices plunging 15% Renewed fears about the oil supply glut...
Oil Prices Slip As High Stocks Overshadow OPEC Cuts
Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might...
Fresh US Drilling Capping Oil Price
Renewed drilling by US oil producers is keeping a ceiling on a global crude price recovery, cutting into the impact of...
Oil Prices Fall On Bloated U.S. Fuel Inventories, Stalling China Demand
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U. S. crude inventories...
Oil Prices Rise
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to...
Oil Prices Rise As Markets Eye OPEC, Non-OPEC Production Cuts
U. S. oil prices rose in the first trading hours of 2017 on Tuesday, buoyed by a deal for OPEC and non-OPEC production...
Trump’s Election And Its Impact On Europe
It is particularly difficult to foretell what the foreign policy of a US president-elect will be. We have plenty of...
Oil Price Soars As Opec Agrees Output Cut
Saudi Arabia agreed to cut output by about 500,000 barrels per day - a total reduction of 4.5%. The oil cartel Opec has...
U.S. Opens Door To Oil Exports After Year of Pressure
U. S. opens door to oil exports after year of pressure A domestic drilling boom of the past six years has transformed...
World Bank Projects Increment In Oil Price In 2017
The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained...
World Bank Raises Oil Price Forecast For 2017
The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained...
Uganda Oil Refinery Completion Date Pushed To 2020
Uganda has rescheduled the completion date for its planned crude oil refinery plant in Kabaale, Hoima district, by two...