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Oil Petroleum Prices Jump as Middle East Tensions Tighten

Oil petroleum prices jump by almost three percent in today’s trading sessions, thanks to the Middle East conflict. In previous sessions, the trade war...

Saudi Arabia Defends Shale Production in the United States

Last week during the OPEC meeting in Vienna, Riyadh’s Energy Minister defended the shale production in the United States. Prince Abdulaziz bin Salman brushed...

Oil Petroleum Plunges Amid Stockpile Growth

Oil Petroleum prices fell hard during this Monday’s trading sessions. Traders are still not done digesting the increase in US stockpiles reported by the...

Saudi Arabian Oil Prices pushed higher after a Rough Week

Saudi Arabian oil prices surged higher after a week of violence and their plans for supplying the countries. Click here for more info! – Wibest Broker

European Union Backs Up Iran’s Nuclear Plans

Leaders from the European Union are scheduled to meet this Friday at Helsinki, Finland.  The EU ministers are set to discuss plans on how...

Iran Petroleum Products Tanker Departs from Gibraltar

On Friday, the Iranian supertanker that was seized last month due to suspicion of shipping petroleum products to Syria in breach of EU sanctions...

Petroleum and Oil Prices Decline as China Retaliates

Petroleum and oil products slump as traders focus on the escalating conflict between the United States and China. United States crude oil future went down...

Iran Legalizes Cryptocurrency Mining with Caution

In crypto news, Iran's government officially recognized cryptocurrency mining as an industry after months of discussion and speculation. Meanwhile, miners manage powerful "farms" of computer equipment...

Oil Prices Trade Flat as Gulf Tensions Ease

Petroleum and crude oil prices inched down on Monday’s trading session as oil traders and investors worry about the global economic outlook. The weekend...

Oil Prices Recover in Thursday’s Sessions

Crude oil and petroleum prices made a recovery in today’s trading session. Both US WTI crude oil and Brent oil futures took a dip...