Oil prices surged by more than 3% on Wednesday, boosted by the biggest one-week slump in U.S. inventories so far in 2017, and after Iraq and Algeria joined Saudi Arabia in sustaining an extension to OPEC supply cuts.
read more... 11/05/2017
Oil prices declined, influenced by worries over reducing demand, a rising US dollar and a higher US crude production that has shaken investors' faith in the ability of OPEC to rebalance the market.
read more... 10/05/2017
Oil prices increased on Friday after strong downward trend, supported by the market news that Russia is going to join the OPEC for production cuts to reduce the world's persistent glut of crude.
read more... 08/05/2017
Russia's Gazprom declared on Sunday Switzerland's Allseas Group S.A. has started to build the first phase of the Turkish Stream pipeline.
read more... 08/05/2017
Belgium's nuclear regulator declared on Friday it had found no signs of new fissures in the central tank of the Tihange 2 reactor, which had previously stopped production for years.
read more... 05/05/2017