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crude oil prices
Oil rises as Saudi cut supports and focus turns to Fed
Thursday, 08 June 2023 17:31
IP- Oil rose on Thursday as tighter supply resulting from Saudi Arabia's pledged production cut and a potential pause to U.S. interest rate hikes offset worries over demand weakness and a global economic slowdown.
Saudi Arabia raises crude prices for Asia for third month
Sunday, 09 April 2023 18:03
IP- Saudi Arabia, the world's top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month.
Crude oil prices surge in world markets to new record since October
Saturday, 11 February 2023 02:05
Crude oil posted its largest weekly gain in four months after Russia followed through on a threat to cut production in response to western energy sanctions.
World Newspapers: Top economies plan price cap on Russian oil
Saturday, 03 September 2022 20:22
Top officials from the world’s leading advanced economies agreed on Friday to move ahead with a plan to cap the price of Russian oil, accelerating an ambitious effort to limit how much money Russia can earn from each barrel of crude it sells on the global market. 203
Oil hits seven-year high after Yemeni forces attack on UAE
Wednesday, 19 January 2022 04:43
Oil prices on Tuesday climbed to their highest since 2014 as Yemeni popular forces attacked the United Arab Emirates, warning it could target more facilities.
Biden says he doesn’t see OPEC+ shifting to help with oil prices
Sunday, 07 November 2021 01:49
US President said on Saturday that he did not expect the OPEC Plus group, Saudi Arabia, and Russia to respond to his call to pump more oil into global markets.
Iran pursue oil sales seriously: Head of PBO
Sunday, 10 October 2021 19:01
IP- The head of the Planning and Budget Organization(PBO) pointed to the severe measures on the agenda in the field of energy and hoped for better regional relations as the country has begun the negotiations with neighboring countries, especially Turkmenistan."
World Newspapers: Oil soars as OPEC sticks output decision
Tuesday, 05 October 2021 21:26
OPEC and a Russia-led group of oil producers agreed to continue increasing production in measured steps, delegates said Monday, deciding against opening the taps more widely and driving US crude prices to their highest levels since 2014.
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