Oil prices edged up for the third day on Wednesday as OPEC predictions of higher demand for 2018 and tensions in Kurdistan buyout prices.
read more... 12/10/2017
The President of Turkmenistan Gurbanguly Berdymukhammedov declared its intention to allocate $93 billion to encourage the country’s oil and gas industry, which has been negatively affected by small world prices and Russia’s decreasing demand.
read more... 11/10/2017
Oil prices dropped on Tuesday as speculators took profits for the second consecutive day after big third-quarter gains and on fears that elevated prices could spur rising U.S. shale output.
read more... 04/10/2017
Oil prices decreased on Monday, sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as fast as bulls had anticipated. Brent crude traded $1.42, or 2.5%, lower at $56.12 a barrel. U.S. crude closed $1.09, or 2.1 percent, down at $50.58 a barrel.
read more... 03/10/2017
Oil prices hiked on Thursday, with Brent closing at a five-month high, after several reports predicted a further tightening of the market as fuel demand increased.
read more... 15/09/2017