Tag: Oil
Oil prices fell by 1 per cent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further. China, the world’s second-largest oil user, reported ...
When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund managers to discuss two key topics – climate change and pressure ...
Mrs Margret Orakwusi, the Chairperson of Nigeria Ship Owners Forum, on Friday stressed the need for indigenous shippers’ participation in transportation of the nation’s crude oil. Orakwusi said that the involvement of the Nigerian shippers ...
Oil prices declined on Thursday on lingering concerns that slowing global economic growth may limit fuel demand and after a surprise build in U.S. crude inventories. International Brent crude oil futures LCOc1 were at $60.90 ...
Amid increasing signs of China’s industrial slowdown in 2019, data this week showing record oil and natural gas imports likely indicates a country at peak energy growth with its thirst set to wane as the ...
Egypt plans to upgrade six oil refineries at a cost of about $9 billion over four years to increase domestic production to 41 million tonnes a year, the petroleum minister has said. Tarek El ...
Oil prices fell on Monday in line with weaker stock markets after evidence that economic growth in China, the world’s second largest crude consumer, eased in 2018. Brent crude oil futures LCOc1 were last ...
Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. U.S. West Texas Intermediate (WTI) crude futures CLc1 were ...
Oil prices rose on Tuesday amid supply cuts by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand. Brent crude oil futures LCOc1 were at ...
Oil prices fell by more than 1 per cent on Thursday on swelling U.S. supply and amid caution after talks between the United States and China finished without any concrete details on a resolution to ...
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