Opec calls for supply cuts
The oil market looks poised to swing into oversupply next year as growing global crude output exceeds uncertain demand, says
The oil market looks poised to swing into oversupply next year as growing global crude output exceeds uncertain demand, says
Oil prices fell today (Tuesday) as US sanctions exemptions allow Iran’s biggest customers to keep supplies flowing amid an economic
Profits at Royal Dutch Shell rose by more than 50 per cent to US$5.6 billion in the third quarter because
Oil prices have fallen as record crude production by the world’s three largest producers offset supply worries about US sanctions
Oil prices fell this week after the International Monetary Fund (IMF) lowered next year’s global growth forecasts but rates were
Brent oil is near its highest price since November 2014 as markets braced for tighter supply once US sanctions against
As would be expected, Shell, BP, ExxonMobil, Chevron and Total are among the fossil-fuel giants set to reap the benefits
Oil is now costing more than US$80 a barrel for the first time in more than three years after Donald
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