[ad_1] BEIJING (Reuters) – Crude oil futures have risen sharply on Monday, as geopolitical tensions over the disappearance of a prominent Saudi journalist are worrisome for supply, although worries about prospects for …
Read More »US benchmark oil wins for the session, but the weekly loss is the first in five weeks
[ad_1] Prices of the US oil benchmark rose slightly on Friday as investors felt that the next step of an unstable stock market would be, but signs of an increase in the …
Read More »Oil production is up but IEA predicts rising energy prices
[ad_1] Energy prices could soon increase, but not at all with the peak oil – the theory that production will soon reach a peak and begin to fall – predicts the International …
Read More »AIE lowers growth forecasts for oil demand
[ad_1] LONDON – World oil demand will grow at a slower pace than expected this year and next year, due to economic risks related to trade tensions and rising oil prices, announced …
Read More »CBD oil: What are the benefits? What you need to know about the cannabis compound
[ad_1] CBD, or cannabidiol, is extracted from the flowers and leaves of cannabis-free plant varieties called industrial hemp. This extract is then combined with an oil – often hemp oil from the …
Read More »Lower oil prices on stocks, US stocks
[ad_1] Oil prices fell sharply on Wednesday, alongside a sharp decline in Wall Street stocks and investors waiting for a report that is expected to signal a third consecutive weekly rise in …
Read More »Sanctions imposed by Iran should result in "extreme volatility" in oil prices, says CEO of BP
[ad_1] Dudley has not seen falling demand because of the high prices attributable to global GDP growth (estimated at 3.7% in 2018 and 2019 by the International Monetary Fund), which remains robust. …
Read More »Oil drops when the IMF reduces growth prospects; eyes on the hurricane
[ad_1] LONDON (Reuters) – Oil prices fell on Wednesday after the IMF lowered its global growth forecast, but markets were supported by Hurricane Michael's move to Florida, causing the closure of nearly …
Read More »Trump orders changes in biofuel rules to end quarrel between oil producing states and oil refiners
[ad_1] Refiners generate credits – known as RINs – when they mix biofuels with gasoline. Refiners who can not mix biofuels must purchase RINs from their competitors. The new regulations under consideration …
Read More »Oil prices rise as Iranian crude exports decline
[ad_1] LONDON (Reuters) – Oil prices rose on Tuesday as new evidence showed that exports of Iran's third largest crude oil producer, OPEC, were declining ahead of the imposition of new US …
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