Tag: OPEC
Oil and Petroleum Prices Fall Despite OPEC Cuts | Wibest
As OPEC and Saudi Aramco news dominate the headlines, oil and petroleum prices slip for the second day despite cuts. The meeting of the...
Oil Petroleum Prices Drop, OPEC In Focus | Wibest
Oil petroleum futures finally hit a block in their upward run. But prices start to contract this Thursday. Traders are cautiously and patiently waiting...
Petroleum and Oil Futures Extend Gains, Gold Also Jumps
Commodities jump higher this Wednesday, extending their gains against trade war tensions, the oil inventory report, and OPEC news. Petroleum and oil prices benefit...
Oil Petroleum Holds Gains, Saudi Wants Deeper Cuts
Oil petroleum prices hold their second consecutive gains as Saudi Arabia reinforces hope for deeper cuts. Riyadh wants to give a bright surprise for...
Oil and Petroleum Prices Rally from Upbeat Chinese Data
The positive outcome of the Chinese factory growth report accelerated the rally of oil and petroleum prices today. Experts did not expect growth in...
Oil and Petroleum Prices Fall After Inventory Build-up
Oil and petroleum prices came tumbling down during this Wednesday’s trading after the API reported another build-up. Traders are now also waiting for official...
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...
Oil Market: Prices Go Up Against Opec News
The oil market shifts its focus to the OPEC production cuts for September. After the attack against Saudi Arabia, OPEC oil output has fallen...
New Saudi Energy Ministry Conveys OPEC+ Union Settling
On Monday, Saudi Arabia's new energy ministry indicated that the world's top petroleum exporter would keep working with other producers. This is to achieve...
Sanctions Drop Iran’s Crude Sales as Petroleum Products Export Boost
In a news report, calculations showed petroleum product sales remained stable at nearly $500 million a month from the Islamic Republic together with its...
