oil prices plunge to hit the lowest level for 2017

Oil prices plunge to hit the lowest level for 2017

Energy Vinay Mishra - 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

EasyJet warns of 105m pound profit slump following weaker pound, raised fuel prices

Company Himanshu Gill - 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

OPEC-Russia Output Slash Deal Leads to Dip in Oil Prices

Market Mohit Shah - 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

ADIPEC 2016: Conference Expected to Result Fruitful for the Petroleum Market

Industry Mohit Shah - 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

Oil prices rise slowly during the oversupply of crude: OPEC

Industry Pavan Pandey - 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

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