[ad_1] US. Oil prices plummeted deeper into a bear market on Tuesday, registering their biggest drop in more than three years and a record 12 consecutive days of losses, while fears of …
Read More »OPEC remains the central oil bank: the UAE minister
[ad_1] The UAE Energy Minister pointed out that there was no intention to dismantle the organization. The UAE Energy Minister warned on Monday that the world would face chaos if OPEC was …
Read More »Manic Monday: Markets fall by 1% as oil concerns weigh, cancel previous gains
[ad_1] Twenty-six of Senbad's 31 members sold Monday, down 4.6% at Tata Motors after its Jaguar Land Rover unit recorded a drop in sales in October compared to the previous year . …
Read More »Saudi Arabia plans to cut its oil reserves by 500,000 barrels / day in December
[ad_1] Opep and its allies will meet in Vienna on 6 and December 7 to decide the production policy for 2019. Photo: Reuters Abu Dhabi: Saudi Arabia plans to cut its oil …
Read More »Major oil producers plan to cut production as falling crude oil price spurs fear of crash
[ad_1] The major oil producers met Sunday in Abu Dhabi to consider returning to a reduction in their production after the sharp fall in crude prices that revived fears of a 2014 …
Read More »Major oil producers plan cuts after price cuts
[ad_1] WORLD Oil prices lost a fifth of their value in just one month after peaking at four in early October, under the combined effect of factors centered on an increase in …
Read More »Oil prices fall by more than 1% following the lifting of sanctions by Iran
[ad_1] By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell on Tuesday as US crude futures hit their lowest level in eight months, a day after Washington granted penalty waivers. to …
Read More »"I am not trying to be a great hero": Donald Trump expresses on the Iranian oil exemptions granted to India among eight other economies
[ad_1] Washington : US President Donald Trump defended his decision to spare immediate sanctions to India and seven other major importers of Iranian oil, saying that this had been done to contain …
Read More »India and China among eight countries exempted from US sanctions on Iranian oil
[ad_1] NEW DELHI: The United States has allowed India and seven other countries to continue to temporarily buy Iranian crude oil despite the sanctions imposed on Tehran, easing fears of a possible …
Read More »Oil is trading at almost the lowest for six months as fears of scarcity dissipate
[ad_1] Crude slipped to a four-year high last month, in the hope that the United States will waive Iran's sanctions to lower prices at the pump. London: Oil is trading at its …
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