Oil prices gain 2% despite rising supplies concerns
Businessam Staff
November 15, 2019
Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries
Oil prices rebound as stocks markets steady
Businessam StaffFebruary 12, 2018
Oil prices rose on Monday by 1 percent, moving in step with stocks. It is recovering at least some of last week’s steep losses
Oil prices expected to trade around $60-70 through 2020- survey
Businessam StaffJanuary 12, 2018
Oil prices are expected to remain close to current levels, averaging around $60 to $70 per barrel through the end of the decade,
Oil prices up $57.8 on fears of new Iran sanctions, Iraq conflict
Businessam StaffOctober 16, 2017
Oil markets jumped Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq. An explosion at
Iraq’s Kurds independence, its impact for oil markets
Businessam StaffSeptember 21, 2017
Iraq’s Kurdish provinces plan to vote in a referendum on independence on Sept. 25, a poll that regional and Western powers, not to
Hurricane Harvey hits U.S. petroleum industry, oil markets become tumultuous
Businessam StaffAugust 28, 2017
Oil markets were roiled Monday after Tropical Storm Harvey wreaked havoc along the U.S. Gulf Coast over the weekend, crippling Houston
Oil traders punish OPEC for promising too much
Businessam StaffMay 26, 2017
As OPEC’s latest meeting wrapped up in Vienna on Thursday night, ministers congratulated each other on its rare spirit of amity