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Oil Price Drops To Its Lowest Since March

This afternoon, oil prices continued to drop after slipping down to their lowest point within a period of eight months. The decline in the...

Saudi Arabia Vows To Reduce Production, Oil Prices Rebound

Saudi Arabia has promised to reduce its oil production this December. It sent the oil prices rising last Monday morning. Khalid al-Falih, the energy minister, said...

Fed & China Fears Kill Midterm Election Rally

Taking the lead from US and Asia overnight, the FTSE fell through 7100 on the open and failed to retake the level across the...

US To Allow 8 Countries To Purchase Oil From Iran, Oil...

On Friday, the prices of oil continued to decline on reports that the United States of America has agreed to allow eight countries to...

Oil Bankers Launch Advisory Firm Amidst Surge In Fuel Prices

One of BP's former advisers has formed a new advisory firm as the oil industry becomes “comfortable with itself” again and firms prepare to...

IEA Boss Fatih Birol: Oil Producers Must ‘Take Steps’ To Cool...

The boss of the International Energy Agency has warned that the major oil producers of the world must “take the right steps” to cool the...

Oil Output of Saudi Arabia Achieves Record High

The oil output of Saudi Arabia has been able to reach record highs - and the country could likely boost its production further next...

Trump Discuss Oil Supplies In Phone Call With Saudi’s King

Last Saturday, Donald Trump, the President of the United States of America, called King Salman, the King of Saudi Arabia, and they talked about the...

World’s Oil-Producing Giants Discuss To Increase Supply Amid US Sanctions On...

This morning, reports disclosed that some of the largest oil producers in the world are mulling the possibility of increasing the oil supply by as...

Donald Trump Pressures OPEC To Push Down Oil Prices

Donald Trump, the President of the United States of America, has slammed the Organization of the Petroleum Exporting Countries (OPEC). He also urged the...

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