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
An LNG import terminal is likely to be opened by the commodities trader Trafigura in Pakistan to satisfy the higher demand for gas in the emerging economies.
read more... 13/09/2017
Oil prices increased on Tuesday after OPEC declared it predicted higher demand for its crude next year.
read more... 13/09/2017
Oil prices dropped on Friday, on fears that energy demand would be affected hard as Hurricane Irma, one of the most powerful storms in a century, headed toward Florida and the Southeast.�
read more... 11/09/2017