Oil prices fell on Wednesday as bullish output forecasts by two big US producers and a build in weekly US crude stockpiles outweighed OPEC-led production cuts.
News ID: 3862 Publish Date : 2019/03/06
Iraqi Oil Minister Thamer Ghadhban said on Monday he expected the fall in oil prices to stop and for prices to rise over time, adding that if OPEC had not cut production, prices would have dropped to $45-50 per barrel.
News ID: 2882 Publish Date : 2018/12/11
Iranian Oil Minister Bijan Zangeneh underlined that US waivers to several countries to exempt them from a ban on the supply of crude from Iran wouldn't be enough to cool down rising prices, reiterating that the ban will result in a sharp rise in the commodity's prices.
News ID: 2539 Publish Date : 2018/11/08