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Wall Street JournalGeopolitical Tensions Drive Oil to Three-Year HighWall Street JournalOil prices hit a three-year high on Thursday, with ongoing protests in major producer Iran adding a geopolitical risk premium to the market. West Texas Intermediate fut
Admin 04.01.2018 0 90

BloombergOil Rises From 3-Year High After Best Start to Year Since 2012BloombergOil has risen for two years running as the Organization of Petroleum Exporting Countries and Russia led a coalition of oil producers in cutting output. Prices have also been bo
Admin 04.01.2018 0 75

The outlook for oil in 2018The HinduThe price of oil rose this year as the supply-cut agreement signed by the Organisation of the Petroleum Exporting Countries (OPEC) in 2016 managed to survive despite a lot of speculation otherwise. Brent crude oil trades
Admin 21.12.2017 0 89

Venezuela Sells Oil Refinery Stake To CubaOilPrice.comVenezuela has sold its stake in the Cienfuegos refinery to its partner in the joint venture, Cuba. Venezuela's state oil company PDVSA held 49 percent in the refinery, and according to a former gove
Admin 16.12.2017 0 135

Maid pours hot oil over employer's teenage son after he scratches her faceThe Straits TimesSINGAPORE - A maid, angry that her employer's teenage son had scratched her face, poured hot oil from a frying pan onto him. It all started when Indonesian S
Admin 15.12.2017 0 71

BloombergThe Biggest Voices in Oil Disagree About 2018 - BloombergBloombergThe two most critical forecasts of global oil markets offer contrasting visions for 2018: one in which OPEC finally succeeds in clearing a supply glut, and another where that goal r
Admin 15.12.2017 0 83

BloombergThe Biggest Voices in Oil Disagree About 2018BloombergLate last year, OPEC and Russia set aside decades of rivalry and mistrust to end a slump in global oil markets that has battered their economies. Defying widespread skepticism, they cut oil sup
Admin 15.12.2017 0 85

BloombergOil Trades Below $57 After IEA Says OPEC May Not See Happy 2018BloombergOil traded below $57 a barrel as the International Energy Agency said OPEC-led production cuts aimed at clearing a global glut may falter next year. Futures slipped 0.6 percen
Admin 14.12.2017 0 79

Seeking AlphaCrude Oil Market Dynamics Have ChangedSeeking AlphaThe embargo lasted until March 1974. During that time, people sat in lines to gas up for hours, and filling stations often ran out of supplies. In the 1970s, OPEC was a ferocious tiger that ca
Admin 11.12.2017 0 138

BloombergOil Falls to Near $57 on OPEC-Cuts Review, Increase in US RigsBloombergOil slipped to around $57 a barrel as U.S. drilling expanded and OPEC nations Kuwait and the United Arab Emirates signaled they can phase out production cuts if the market impr
Admin 11.12.2017 0 76