Oil Prices Moderate on Rising U.S. Oil Rigs Global oil investors have started holding back on growing U.S. oil rigs, even as OPEC promise to extend...
Nigeria, Libya in Focus as OPEC Meets Today Nigeria and Libya will expect to face growing pressure from their counterparts in the Organisation of Petroleum Exporting...
Oil Trades Above $58 as U.S. Stockpile Draw Boosts OPEC Optimism Oil held near a two-year high as U.S. crude inventories shrank, adding to optimism that...
Developing Countries to Lead Oil Demand Growth Till 2040, Says OPEC The Organisation of Petroleum Exporting Countries (OPEC) has said developing countries will lead oil demand...
Oil Holds Near $56 After Surging on Saudi Cut-Extension Plea Oil held near $56 a barrel after surging the most in almost two weeks as Saudi...
Oil Prices End Gain Streak, Drop to $61 The recent gains recorded by global oil prices have slipped as the commodity has lost more than $2...
Oil Falls for Third Day over Rising US Shale Output Crude oil prices dropped for a third day from close to two-year high yesterday as rising...
OPEC Raises 2018 Demand Projection The Organization of the Petroleum Exporting Countries, OPEC, raised its projected demand for next year on Monday. The organization said its...
Oil Prices Plunge on Surprise Rise in US Oil Inventories The U.S. crude oil production rose to the highest in more than three decades last week,...
Oil Advances as Saudi Purge Bolsters Pro-OPEC Cut Crown Prince Oil climbed from the highest close in two years as an anti-graft probe in Saudi Arabia...