Oil prices hit 7-year highs

Oil prices hit 7-year highs

(VOVWORLD) - Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook
Oil prices fall again

Oil prices fall again

(VOVWORLD) -The price of oil traded on Asian markets fell Monday after a sharp increase last week as countries eased business and social lockdowns imposed to cope with the coronavirus...
Oil prices hit record one-year low

Oil prices hit record one-year low

(VOVWORLD) - Oil prices extended a sharp plunge Friday, with New York's key WTI contract diving more than five percent on fears of a global supply glut
Efforts to raise oil prices deadlocked

Efforts to raise oil prices deadlocked

(VOVworld)- After 6 hours of negotiations in Doha, Qatar, on April 17 the world’s major oil producers failed reach a deal to limit oil production. Despite optimism ahead of the...
Global oil prices rally

Global oil prices rally

(VOVworld) – Global oil prices rebounded on Thursday, achieving their biggest daily gain this year
Brent crude drops over 3%

Brent crude drops over 3%

(VOVworld)- Brent crude oil fell over 3 percent on Monday as China's economic slowdown dented the outlook for demand, with traders placing record bets on even lower prices as...
Crude oil falls to 12-year low

Crude oil falls to 12-year low

(VOVworld) – The global crude oil market continues to record negative signals when the petrol price on Thursday dropped to its lowest in 12 years due to the turmoil in the...
Oil prices reach highest settlement

Oil prices reach highest settlement

(VOVworld) – Crude oil prices surged on Wednesday to reach their highest settlement so far in September as US crude stockpiles decreased unexpectedly last week
Global oil prices continue downward trend

Global oil prices continue downward trend

(VOVworld) - The global oil prices continued to drop on Monday. The move was attributed to the announcement of Japan, the third world biggest economy that its economy shrank in the second...
Oil prices plunge to a 6-year low

Oil prices plunge to a 6-year low

(VOVworld) – OPEC’s increasing daily oil production and a record amount of oil storage in the US are the main reasons oil prices bottomed out in the last 6 years
World oil prices continue to drop

World oil prices continue to drop

(VOVworld) – Prices of crude oil in the US and other markets continued to decrease to the lowest level in 4 months despite a large fall in US crude inventories
Oil prices hit new peaks

Oil prices hit new peaks

(VOVworld) - Oil prices have reached new peaks in 2015 after US commercial crude stockpiles unexpectedly slumped, the first decline in four months