Oil Hits $20 For The First Time In 18 Years
No signs world’s top oil exporter and OPEC’s top producer and leader, Saudi Arabia, will back down from oil price war.
Tag: OPEC
Donald Trump Challenges OPEC for Cutting Oil Production
Price of oil fell one percent after president’s message.
Trump Warns Saudi Arabia: ‘Relax, Take It Easy’ With Oil Price Hikes
Says world can’t take price hike
Oil Edges Higher Before OPEC Meeting
Producers to discuss a potential cut in production
Oil Edges Higher Before OPEC Meeting
Producers to discuss a potential cut in production
Oil prices shoot up as OPEC shows interest to cut output
‘Oil prices have made gains on the strength of speculation on OPEC’s willingness to consider output cuts in a bid to ease the global supply glut. On Friday, US benchmark West Texas Intermediate (WTI) for March delivery finished at $29.44 a barrel on the New York Mercantile Exchange, up $3.23. North Sea Brent crude for […]
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OPEC says low oil prices will continue four more years
‘The Organization of the Petroleum Exporting Countries (OPEC) says recovery of global oil prices to above $70 per barrel will not take place for another four years. According to a report released by OPEC on Wednesday, the organization, which produces a third of the world’s crude, said it foresees a “gradual improvement in market conditions […]
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OPEC pump fiction: Ecuador sells oil for less that it costs to produce
The post OPEC pump fiction: Ecuador sells oil for less that it costs to produce appeared first on David Icke.