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Oil prices fall on concerns of rising exports from Middle East

2016-06-01 01:00:00| Offshore Technology

Oil prices have dropped amid concerns of increasing exports from the Middle East members of the Organization of the Petroleum Exporting Countries (OPEC).

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US oil prices rise as summer driving season starts

2016-05-31 01:00:00| Offshore Technology

US oil prices have increased due to the country's summer driving season beginning, signalling high demand.

Tags: prices summer season oil

 
 

Oil prices rise above $50 a barrel

2016-05-26 01:00:00| Offshore Technology

Brent oil prices have increased above $50 a barrel as worldwide supply worries showed signs of easing.

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Oil prices rise towards $50 a barrel due to shrinking supply

2016-05-25 01:00:00| Offshore Technology

Oil prices have increased to almost $50 a barrel, based on expectations that a global decrease in oil will reduce amounts of unwanted crude.

Tags: due prices supply oil

 

Oil prices drop due to growing production

2016-05-24 01:00:00| Offshore Technology

Prices of oil dropped for a fifth consecutive day due to growing production from major exporters and increased dollar values.

Tags: due prices production growing

 

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