opec Archives - Finance.co.uk- Breaking Financial News Updates From Around The World

Oil Prices Up 1 Percent

Gregory Dy - April 16, 2019

Today, oil prices increased by 1 percent, as fighting in Libya and the declining exports from Venezuela and Iran raised concerns over the tightening...

Markets

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

Gregory Dy - March 5, 2019

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

Markets

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

Gregory Dy - February 27, 2019

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...

Markets

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

Gregory Dy - February 25, 2019

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

Markets

Saudi Reduces Exports, Oil prices Continue Strong Start To 2019

Gregory Dy - January 9, 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...

Markets

Oil Prices Drop Yet Again

Gregory Dy - December 27, 2018

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...

Markets

US and Russia Increased Oil Output, Oil Prices Decline

Gregory Dy - December 18, 2018

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...

Markets

Opec Forecasts Decline In Demand After Reducing Output

Gregory Dy - December 12, 2018

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...

Markets