An OPEC meeting in Vienna ended today with no official agreement reached on whether or not to cap output levels in order to…
Continue ReadingOil Breaches $50 a Barrel while Major Companies Still Work to Recover
Written by Danny Lord in Oil & Gas
Prices for crude oil have exceeded $50 a barrel for the first time in more than half a year, while many large oil…
Continue ReadingOil prices have plummeted after a meeting of Opec countries failed to come to an agreement on an output cap.
Continue ReadingOil Prices Highest in 2016 Ahead of Doha Meeting
Written by Danny Lord in Government Policy Oil & Gas
A combination of factors including a weak dollar and talk of a supply freeze have pushed oil prices up past $43 a barrel;…
Continue ReadingMonday saw oil prices drop by 3% on global markets after Iran delayed its plans to agree to a proposed production freeze.
Continue ReadingOver the last year and a half, oil prices have plummeted. In July 2014, Brent crude oil, considered a market benchmark, cost about…
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