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OPEC Countries Gives Nigeria New Target

  OPEC Countries and its allies just allowed Nigeria’s plea to increase its oil production output under the organization’s quota. The new deal will grant...

Climate Week in NYC Warns About the Energy Sector

  Officials from big oil and energy companies attended the Climate Week in New York City. The CEOs of the big oil and petroleum companies...

Global Commodities: Petroleum Products and Gold Prices Decline

Earlier, petroleum products such as U.S. Crude Oil WTI Futures soared 3.1% to $52.69. International Brent Oil Futures also grew by 2.9% to $57.88. It was last Thursday when...

Global Commodities: Petroleum Products and Gold Prices Decline

Earlier, petroleum products such as U.S. Crude Oil WTI Futures soared 3.1% to $52.69. International Brent Oil Futures also grew by 2.9% to $57.88. It...

US Federal Reserve: After Kicking 1-week high, Gold Prices Stable

On Thursday in Asia, as traders weighed gains in stock markets and expected a potential rate cut by the U.S. Federal Reserve occurred, gold...

Oil Inventory Report: Oil Slips, Headed for Gains this Week

OIL INVENTORY REPORT – Brent slipped further away from the $70 mark after topping that level during the previous session, while West Texas Intermediate...

Brent: Oil Prices Slump on Lackluster Demand Outlook

BRENT – Brent crude futures slipped on Tuesday as the markets prepared for low demand growth for fuel, with the OPEC-led cuts on production...

Oil Prices Firm after Massive Increase Last Friday

Oil prices were steady on Monday in Asia after official data showed Chinese economic slowdown was in line with expectations and not as sharp...

Oil Prices Increase on US-China Negotiations OPEC Supply Decrease

Oil prices increased around 1.5 percent on Monday, pushed up by optimism that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. Read ,more here!

Oil Prices Climb on OPEC Supply Curb, US-China Talks

Oil priced inched up on Friday, shaking off previous losses after China said it would hold talks with the US government on January 7 to 8 to look for solutions to the trade disputes between the world’s two biggest economic powerhouses. Read more here!