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Tag: oil prices
Oil prices rise due to strong US fuel demand
2017-08-01 01:00:00| Offshore Technology
Oil prices have climbed higher following a fall in US inventory and stronger demand, with growth largely restricted due to high supplies from OPEC countries.
Oil prices overall stable as US stocks fall
2017-07-27 01:00:00| Offshore Technology
Oil prices have dropped marginally yet still remain at an almost eight-week high due to the sharp fall in US crude stocks that may decrease global crude oversupply.
Oil prices soar on reports of fall in US inventory
2017-07-26 01:00:00| Offshore Technology
Oil prices have risen to a nearly eight-week peak, driven by the reports of a fall in US stocks and a slowdown in the increase rate of shale oil production.
Oil prices recover as Saudi Arabia pledges to curb exports
2017-07-25 01:00:00| Offshore Technology
Oil prices have recovered after Saudi Arabia pledged to reduce exports beginning next month, following the meeting in Russia between OPEC and other producers.
Oil prices gain marginally ahead of OPEC meeting in Russia
2017-07-24 01:00:00| Offshore Technology
Oil prices have increased marginally before the scheduled meeting between OPEC and other nations to discuss international market issues.
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