US oil boom depresses prices
Consumption
Oil prices fell by around 1 per cent on Monday as drilling in the United States, currently the world’s largest
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Oil price has best week in two years
Industry
The international oil benchmark, Brent crude, measured its best weekly gain in more than two years, as a lively economy
Oil prices fell amid instability
Policy
Oil prices fell today (Thursday) amid currency and stock market instability, and as analysts warned of an economic slowdown as
Russia dismisses permanent oil output cut
Production
Russia’s energy minister has said the world’s third largest oil exporter it is unlikely to make its oil alliance with
Oil rebounds after heavy falls
Industry
Oil prices sent shares rising as Brent crude recovered from some of its losses but remained close to its lowest
Oil prices rebound after further slump
Production
Oil prices rebounded today (Wednesday) as benchmark Brent crude futures rose to US$56.49 per barrel after dropping 5.6 per cent
Opec to address oil price slump
Production
The price of oil fell below US$60 a barrel amid fears of global oversupply. Brent crude, the benchmark, was trading 5
Expect volatile oil prices: IEA chief
Industry
Oil prices are entering an “unprecedented period of uncertainty”, warned the boss of the International Energy Agency (IEA) as Brent
Macron fuel tax sparks protests
Consumption
Demonstrators from the gilets jaunes (yellow vests) movement have blocked France’s road network to oppose President Emmanuel Macron’s new fuel
Oil price falls as US, Russia and Saudi output soars
Production
Oil prices have fallen as record crude production by the world’s three largest producers offset supply worries about US sanctions
Opec appears happy with high oil price
Production
Donald Trump’s demand that Opec reduces oil prices was dismissed as the group said it would only boost output if
$90 barrels possible by November: analyst
Consumption
Limited capacity in the market leaves US$90 for a barrel of oil a likely prospect by November, according to an
Majors prosper amid boom: Moody’s
Consumption
As would be expected, Shell, BP, ExxonMobil, Chevron and Total are among the fossil-fuel giants set to reap the benefits
Can the Russian-OPEC Alliance (ROPEC) provide oil-price stability?
Opinion
The fall of the U.S. stock market over past two weeks has pulled global markets and oil prices down with