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Oil Remains Flat As Market Anticipates U.S.-China Trade Deal

Today, oil prices held near flat as the market wavered on the expectations that China and the United States would be able to reach...

U.S. Crude Stocks Plunge, Oil Rises 2%

Today, oil futures gained approximatley 2 percent after U.S. crude inventories unexpectedly plunged and as Saudi Arabia brushed aside the comments from U.S. President...

Donald Trump Blames OPEC For ‘Too High’ Prices, Oil Drops Percent

On Monday, oil futures plunged by more than 3 percent after Donald Trump, the President of the United States of America, said that the...

Shell Expected To Announce Rise In Profits

This week, Royal Dutch Shell, the Oil giant, is set to announce rising annual profits. It comes even though the fourth quarter results of the company...

US Inflation Drops For First Time Since March Amidst Petrol Price...

Last month, the cheaper prices observed at the pumps pushed down the inflation rate of the United States of America for the first time in...

Saudi Reduces Exports, Oil prices Continue Strong Start To 2019

Today, oil prices have continued its rise yet again for its eighth straight session as the Opec cuts in the New Year and hopes...

Oil Prices Drop Yet Again

This morning, the oil prices fell yet again following a rally which saw the price of Brent crude rose by approximately eight percent last Wednesday. Brent...

Oil Prices Drops To New 14-month Low

Earlier today, oil prices dropped to yet another 14-month low as the markets were concerned that a slowdown in the economy of the United...

US and Russia Increased Oil Output, Oil Prices Decline

This morning, the oil prices have experienced a sharp decline going down to their lowest point in more than a year as the output of...

Opec Forecasts Decline In Demand After Reducing Output

Yesterday, Opec lowered its projections for oil demand. It said that the global appetite for its oil would decline to approximately 31.44 million barrels per...

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