Friday, 7 December 2018 () World oil costs have surged after a tentative deal was once reportedly minimize to ease manufacturing and take on a recent provide glut. US crude and Brent crude costs entered undergo marketplace territory final month – handiest weeks after hitting their best possible stage for 4 years – as rising provides of US shale oil …
According to Reuters, oil prices are on the rise after OPEC announced another round of production cuts. On the day, Brent crude oil is up about 3-percent, rising $1.64 to $61.70 a barrel, while West Texas Intermediate rose $1.10 to $52.59 a barrel. For the week, US crude is up about 3.7-percent,...
According to a report by Reuters, on Saturday, Iranian Oil Minister Bijan Zanganeh praised OPEC for what he said was the producer group's ability to reach agreement despite intense internal political..
According to Reuters, oil prices rallied after OPEC agreed to reduce output.
On the day, Brent crude oil rose almost $3 to $63.00 a barrel, while West Texas Intermediate gained $2.20, rising to $53.69..
According to Reuters, OPEC and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected. The producer club will curb output by..
According to Business Insider, OPEC+ and Russia have agreed to cut production by 1.2 million barrels, reducing tensions around crude oil prices after two days of fractious discussion in Vienna. Brent..
According to Reuters, OPEC and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from U.S. President..