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Shell Oil Company CEO Says to Invest in Oil

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

WTI Crude Prices Rally After Inventory Drop | Wibest

  After a few days of continues contraction, WTI crude oil prices finally go up. The upsetting weak economic data from the United States pushed...

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...

Petroleum Products Price Upsurges as Economic Fears Eases

On Wednesday, petroleum products prices inched up. It is with U.S. crude advancing 1.3% after an industry report showed stockpiles in the United States. This...

Petroleum Products Price Downtrends Ahead of Crude Inventories

On Tuesday, petroleum products price curved in slightly. It was after the prior surge, as the pause of news on the U.S.-China trade front...

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 Products Price Plunges Over A Weakening Global Economy

On Tuesday, petroleum products prices traded lower. It was after concerns over a weakening global economy offset expectation that OPEC would be able to...

Petroleum Products Plunge, Gold Prices Move amid Global Growth Prospects

On Monday, petroleum products prices edged lower amid doubts about an economic slowdown and the Sino-U.S. trade war. The conflict have led in a cut...

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...

Petroleum Products Strengthen Amid OPEC Cuts Prospect

On Friday, as anticipations of more petroleum products in the OPEC production cuts provided some support, oil prices inched higher. But concerns over the...