OPEC deal extension may be unnecessary, says Kuwaiti oil minister
Essam al-Marzouk,Kuwait’s Oil Minister said OPEC and its partners may not need to extend the November 2016 crude oil production cut
Can oil prices hit $60 in 2018?
By Nick Cunningham With Brent oil prices hovering right around $55 per barrel—the highest level in months—the oil market
Oil prices stabilise as traders assess U.S. hurricane impact
Oil prices were steady Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the
Oil prices up as U.S. rigs, refineries brace for hurricane
Oil prices rose Friday as the U.S. petroleum industry braced for Hurricane Harvey, which could become the biggest storm to hit the
Oil prices fall on Chinese demand concerns, rising U.S. activity
Oil prices fell Monday as a slowdown in Chinese refining raised concerns about demand in the world’s second-biggest consumer,
Saudi Arabia shrinks Q2 budget deficit as revenue rises 6%
Saudi Arabia’s state budget deficit shrank by a fifth from a year earlier in the second quarter of this year as revenues rose
Oil prices dip as rally runs out of steam with investors booking profits
*Analyst see prices averaging $54 in H2… Oil prices were lower on Tuesday as market players took profit after eight straight
Global oil prices inch up on hopes of oil glut abating as US refineries back online
Oil prices inched up on Monday amid anticipation that the oil glut may abate as refineries come back online later in the year, a
Oil prices rise on impending impending Saudi cuts as natural gas begins week on high
Saudi Arabia’s announcement that it would cut its crude oil supplies to Asian buyers in July pushed prices up today. Brent crude
Oil prices trim losses despite concerns over rising output from Nigeria
Oil prices pared losses on Thursday, having hit one-month lows earlier in the day after unexpected surge in U.S. inventories and the