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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...

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...

Iran Claims It Identified New ‘Potential’ Oil Buyers Amidst US Sanctions

Iran is on the hunt for new buyers for its oil after all of the nations that were granted waivers from the United States...

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...

New Fuel Retail Subsidiary To Be Launched By Saudi Aramco

Saudi Aramco is set to launch a domestic fuel retail subsidiary in an attempt to expand beyond the production of crude oil, into downstream business. on...

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...

BP Planning To Offload US Oil Assets

BP is planning to raise more than $3 billion (£2.4 billion) by offloading assets in the United States of America as it looks to...

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...

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