global oil markets

A general view of a crude oil importing port in Qingdao

Oil prices dip on looming production race between Saudi Arabia, Iran

26/04/2016(0)
Crude oil futures dipped on Tuesday as analysts warned of an intensifying producer race between Saudi Arabia and Iran, wiping out earlier price gains that came from a weaker ... Read More
russia oil

What oil freeze? Saudi Arabia and Russia pump more

15/03/2016(0)
So much for that agreement to freeze output. The latest oil market data reveal that both Russia and Saudi Arabia ramped up their oil production in February, despite talks about supply ... Read More
oil

Oil at 2016 high above $40 per barrel after producer price support talk

08/03/2016(0)
Global oil markets jumped more than 5 percent on Monday, with Brent hitting a 2016 peak above $40 a barrel, after Ecuador said it was holding a meeting of ... Read More
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