With Washington poised to curtail Iran’s oil exports, OPEC heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, analysts say. The […]
Crude oil prices have kept rising since the beginning of the year, even managing to reach record highs that were last seen in November 2014. What is surprising is that […]
Iran’s crude export numbers are falling much faster than many analysts anticipated ahead of planned U.S. sanctions on the country’s oil sector on November 4. Still, we don’t have an […]
The global crude oil price has risen in the past week to a four-year high of $84.78 a barrel, sending jitters around the world about a further increase to above […]
Oil closed over $73 per barrel last week and was flirting with the $74 price level in what marks the highest price since early July. The tension between falling Iranian […]
Oil prices dipped on Friday after falling in the previous session as US President Donald Trump urged cartel Opec to lower crude prices ahead of its meeting in Algeria this […]
When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself […]
The leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed and the country has 2 million barrels per day of spare capacity, the […]
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