Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »MENA Markets Drop in Line with Oil Prices
MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.
Read More »OPEC Oil Price Drops by 1.3%
The price of OPEC’s basket of 13 crudes stood at $48.34 a barrel on May 3.
Read More »OPEC Oil Price Drops Below $50/bbl
The price for June futures of West Texas Intermediate (WTI) has grown by 0.58 percent and stood at $49.91 per barrel.
Read More »EIA: Increase in OPEC Oil Supply
EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.
Read More »OPEC Oil Price Rises on Apr. 10
The price of OPEC basket of 13 crudes stood at $53.13 a barrel on Apr. 10 compared to $52.91 on Apr. 7.
Read More »Rosneft to Prepay $1b for Crude from Iraqi Kurdistan
Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.
Read More »OPEC Basket Down in Price
Oil prices are rising on April 7.
Read More »Oil Prices Steady
Libya'.s gain means oil market pain.
Read More »President: Iran-Russia Relations Beneficial to Region
Russia as an important regional country and neighbor of Iran has played an important role in Iran'.s foreign diplomacy.
Read More »