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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...

Opec To Decrease Oil Output By 1.2m Barrels A Day

Yesterday, the price of Brent crude oil edged up as some of the major oil producers in the world agreed on a last-minute deal to decrease...

European stocks rally on trade truce

The presidential dinner at the G20 summit in Buenos Aires this weekend between Donald Trump and China’s Xi Jinping yielded a temporary respite in...

Russia Ready To Reduce Output, Oil Price Bounces Back

Last Thursday, the prices of crude oil clawed back its losses after the release of reports that Russia has accepted the necessity to reduce...

Oil Prices Drops To One-year Low

After experiencing its worst month since the financial crisis that happened ten years ago, oil prices are struggling at more than a one-year low. This...

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...

Market hung over after midterms excitement

As the US midterm election mists clear, the markets are trying to decide what to do next. Thursday’s bounce in the US is being...

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...

Russia And Saudi Arabia Ignore Trump’s Calls For Increase of Oil...

Russia and Saudi Arabia have defied the calls of Donald Trump for an immediate boost in their production in order to reduce the oil prices. On...

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