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Oil prices drop as Iraq rejects joining OPEC output freeze

2016-10-24 01:00:00| Offshore Technology

Oil prices have fallen after Iraq refused to participate in the deal proposed by the Organisation of the Petroleum Exporting Countries (OPEC) to freeze production.

Tags: prices oil drop output

 

Oil prices rise due to fall in US crude stocks and low Chinese output

2016-10-19 01:00:00| Offshore Technology

Oil prices have increased by around 1% following a fall in US crude stocks and low production in China.

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Oil prices rise as Indian crude imports increase

2016-10-12 01:00:00| Offshore Technology

Oil prices have increased due to a rise in Indian crude imports and following discussions between Organisation of the Petroleum Exporting Countries (OPEC) producers and other exporters to cut production to help end global oversupply.

Tags: increase prices oil rise

 

Oil prices edge down over doubts on output cuts by OPEC producers

2016-10-10 01:00:00| Offshore Technology

Oil prices have dropped due to doubts that the prominent oil producing countries will cut production.

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Oil prices rise as report highlights fall in US fuel inventories

2016-10-05 01:00:00| Offshore Technology

Oil prices have increased following a report that predicts a fall in US fuel inventories for the fifth straight week.

Tags: report prices fall oil

 

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