World Bank Raises Oil Price Forecast For 2017
The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. ...
Tag: Cartels
Nigeria, Libya Output To Push Down Oil Price
Oil production from members of the Organisation of Petroleum Exporting Countries (OPEC) may have reached a new record, according to ...
Russia Is Planning For Low Oil Prices
Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a ...
Oil Rallies As Opec Agrees Output Cut
The oil producers cartel Opec has agreed a preliminary deal to cut production for the first time in eight years, ...
Algeria Calls For OPEC Supply Side Action
Algiers (AFP) - Algerian Energy Minister Noureddine Boutarfa on Wednesday pressed demands for action on an oil supply glut and ...
OPEC To Cut Production By 750,000 Barrels Per Day
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, ...
OPEC To Cut Output By 750,000 Barrels Per Day
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, ...
OPEC Agrees Surprise Oil Output Cut
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) agreed Wednesday to cut oil production, ministers said, in a ...