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Oil Prices News
Oil prices plunge to hit the lowest level for 2017
Energy - Mar 10, 2017
OPEC and Russia’s effort to end the chronic oversupply and to increase oil prices negated by increasing U.S. productions in Permian, North Dakota and Oklahoma regions.
EasyJet warns of 105m pound profit slump following weaker pound, raised fuel prices
Company - Jan 24, 2017
British low-cost airline EasyJet has said that weaker pound and increasing fuel prices would hit its profit by a larger than expected amount of 105 million pounds ($131 million) this year.
OPEC-Russia Output Slash Deal Leads to Dip in Oil Prices
Market - Dec 02, 2016
Last week, there were serious tensions regarding the OPEC meet which was rescheduled due to Saudi Arabia’s exit and Russia’s worry regarding the output slash. But the story has turned out
ADIPEC 2016: Conference Expected to Result Fruitful for the Petroleum Market
Industry - Nov 14, 2016
Popular names like Patrick Pouyanné, chairman and CEO of Total; Saad Sherida Al Kaabi, president and CEO, Qatar Petroleum; Bob Dudley, group chief executive of BP and Claudio Descalzi, CEO, Eni
Oil prices rise slowly during the oversupply of crude: OPEC
Industry - Nov 11, 2016
The Organization of the Petroleum Exporting Countries (OPEC), assume that the spike in oil prices would be slow over the next few years than it had estimated. According to the OPEC, the prices o