Saudi Production Cuts Trigger Oil Price Rise
Top oil exporter Saudi Arabia triggered a price rise by announcing a cut in production from December. The key Organization of the Petroleum Exporting Countries
Corruption Purge Drags Saudi Arabia Into 21st Century
The purge to root out corruption in Saudi Arabia is also a drive to eliminate any opposition to the royal rulers. Crown Prince Mohammed Bin
OPEC Production Pledges Drives Up Oil Prices
Oil prices have hit a two-year high on the expectation that a self-enforced OPEC production curb will continue into 2018. The price per barrel passed
Oil Price Jitters May Hit Worker’s Pensions
Oil prices may have bounced back but they are unlikely to break the $50 a barrel mark for some time, according to industry analysts. Prices
Frackers Plot Some Slick Moves In The Oil Market
The balance of power has shifted in the global oil and gas market, with more muscle outside of OPEC than before. Politicians, businesses and consumers
Oil Rallies And Bursts Through $50 A Barrel Ceiling
The price of oil has hit $50 a barrel again after steadily bubbling up since the turn of the year. Oil hit a low of
Oil Price Rally Helps Stock Markets Recover
Stock markets around the world are floating up as the price of oil increases – but any gains are likely to be short-lived. The price
Oil Exporters Act To Bolster Prices
At last the major oil producing nations have blinked and decided to act in the stand-off over reducing the flow of oil to bolster prices.
Will Oil Prices Hit The Magic $100 A Barrel Again?
The slump in oil prices is leaving many investors wondering whether the price will ever recover. Last year, the price per barrel plunged from more