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Oil and Petroleum Prices Edge Up After Plunging Earlier

Not even halfway through the end of the first month of the new decade, and it’s already a roller-coaster ride.  Oil and petroleum prices...

Tehran Fires Rockets-Oil and Petroleum Prices Act

Just in, Tehran fired more than a dozen rockets towards two Iraqi bases hosting American soldiers. Oil and petroleum prices immediately react to the...

Oil and Petroleum Products Surge, War Concerns Escalate

As the rift between the United States and Iran starts to heat up, oil and petroleum products hike in trading. Over the weekend, both...

Oil and Petroleum Prices Start the New Year with Gains

Oil and petroleum prices advance with good momentum this second day of the year. Major futures – Brent and WTI crude oil contracts –...

Eskom Made South Africa’s Emerging Market 2019’s Worst

South African energy giant Eskom is the biggest upset to the country’s emerging market this 2019. It made an impact on its currency –...

The Clash of Middle Eastern Titans: Iran and Saudi Arabia

Iran and Saudi Arabia have been long-time rivals. And this year, things just got more complicated. The Iran-Saudi Arabi Proxy Conflict or Iran-Saudi Arabia...

Stockpiles Rise, Oil Petroleum Pauses Rally | Wibest

Oil petroleum prices halt their upward momentum this Wednesday thanks to the rising US crude stockpiles. But despite today’s contraction, futures are still expected...

Turkish Drone Flies to Cyprus, Gas Tension Escalates

The tensions in the Middle East and the world of crude oil doesn’t only span to Iran and the Persian Gulf. Just recently, a...

Trump Agrees to Deal, High Hopes for Oil Petroleum

Oil petroleum traders rejoice as prices rally after Trump agrees to a partial trade deal with Beijing. Bulls advance this Friday, pushing prices to...

Oil and Petroleum Prices Rise from Revised Forecasts

Thanks to OPEC’s revised growth forecasts for demand growth, oil and petroleum prices surge this Thursday. Earlier today, the Organization of Petroleum Exporting Countries...