The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said […]
Tag: crude oil
Mitsubishi to shut Singapore oil-trading unit after unauthorized losses
Mitsubishi Corp Japan’s biggest trading group, said on Wednesday it would shut its Singapore-based crude oil and fuel trading unit […]
Oil Prices Drift as Market Digests U.S. Market Signals
Crude oil prices drifted sideways on Friday amid a dearth of market-moving news, at the end of a week which […]
Oil Prices Retreat After Iran Tanker Scare, IEA Update
Crude oil prices retraced from an earlier spike on Friday after Iranian claims of an attack on one of its oil […]
Oil prices rise in renewed hope of trade
President Donald Trump said at the weekend he is not interested in a partial deal, and Commerce Secretary Wilbur Ross […]
Market shocks by Saudi Arabia disruption
The official Manufacturers Purchasing Managers Index of China and PMI Manufacturing Caixin were both higher than expected, data showed on […]
New oil shock unlikely, despite Saudi unrest
In 1973, following an embargo by the Organization of Petroleum Exporting Countries against Israeli allies in the midst of the […]
Oil Fall, Saudi Production to Restore Next Week
The following week, following an attack on major production facilities earlier this month, oil prices changed profits following reports that […]
After the Saudi attacks, Oil goes for a 7% weekly gain
The EU’s future West Texas Intermediate crude futures rose 37 cents to $ 58.50 a barrel, deciding to post a […]
State TV, the Saudis will show evidence of Iran’s role in the attack
Iran’s Foreign Minister Mohammad Javad Zarif has denied any role. He said on Twitter that the US “maximum pressure” campaign […]
