Tag: crude

Shell oil company CEO Ben van Beurden appeared in front of the media to express the concern of the firm. The company, Royal Dutch...

An Iranian oil tanker ship was hit by an armada of missiles near the coast of Saudi Arabia. The National Iranian Oil Company or...

  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...

  WTI crude oil and Brent oil prices rallied this Monday’s trading sessions as traders fear about the global economy. Aside from that, crude prices...

  The oil market shifts its focus to the OPEC production cuts for September. After the attack against Saudi Arabia, OPEC oil output has fallen...

  Oil prices contract in today’s trading as the Chinese economic outlook continues to falter despite improvement in other sectors. Traders remain worried about China’s...

  Recently, petroleum major BP announced it plans to sell more U.S. crude to Asian countries. This is after its shale oil production escalates. It...

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 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 were pretty steady on Monday after plunging 2 percent in the previous session, but were still under pressure amid weaker growth in major economies and concerns about oversupply. Read more here!