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Oil prices rise due to US oil production fall

2016-03-04 01:00:00| Offshore Technology

Crude oil prices have risen following a decline in US oil production to its lowest level since November 2014.

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Oil prices fall as rise in US crude stocks counters output freeze plan

2016-03-02 01:00:00| Offshore Technology

Oil prices have dropped below $37 a barrel after an industry report highlighted an increase in crude inventories in the US countered output freeze plan by major oil producers.

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Crude prices rise over prediction of market fall stopping

2016-02-29 01:00:00| Offshore Technology

Brent crude prices have increased due to expectations that the market has passed its lowest point.

Tags: market prices fall rise

 

Oil prices likely to rise as major producers agree to freeze output

2016-02-19 01:00:00| Offshore Technology

Oil prices have fallen but are expected to increase soon after four oil producers, including Russia, Saudi Arabia, Qatar, and Venezuela agreed to freeze output levels.

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Oil prices rise as Iran voices support to freeze output

2016-02-18 01:00:00| Offshore Technology

Oil prices have increased towards $35 a barrel and added a 7% rise in the previous session after Iran expressed support for production freezing plans proposed by Russia and Saudi Arabia at January levels.

Tags: support prices oil output

 

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