crude oil prices

  • Angola Reaches Highest Oil Revenue in 16 Months

    Angola Reaches Highest Oil Revenue in 16 Months

    Thursday, 2nd March 2017
    Angola reported $950m in crude oil export revenues for January, the highest in 16 months.
  • OPEC’s Crude Output Disrupted in July

    OPEC’s Crude Output Disrupted in July

    Wednesday, 3rd August 2016
    Production of the Organization of Petroleum Exporting Countries' (OPEC) was disrupted in July by militant attacks in Nigeria and political unrest in Libya, according to Bloomberg.
  • Oman Revises Petrol, Diesel Prices

    Oman Revises Petrol, Diesel Prices

    Thursday, 3rd March 2016
    Oman’s Ministry of Oil and Gas has announced the revised petrol and diesel prices to be effective as of March. The prices for super grade and regular petrol decreased, while diesel price remained unchanged.
  • Iraq’s Oil Exports Fall Below Planned Levels in February

    Iraq’s Oil Exports Fall Below Planned Levels in February

    Wednesday, 2nd March 2016
    Iraq’s Oil Ministry stated that its crude exports declined to an average of 3.225mb/d in February, far below levels planned to provide the nation with badly needed cash for ongoing military operations against Islamic State extremists.
  • Nigerian President: Oil Prices ‘Totally Unacceptable’

    Nigerian President: Oil Prices ‘Totally Unacceptable’

    Monday, 29th February 2016
    Nigeria's President Muhammadu Buhari said the OPEC cartel needs to take action to stabilize the oil market because crude prices have fallen down to "totally unacceptable" levels.
  • Crude Oil Prices Decline over China’s Economic Slowdown

    Crude Oil Prices Decline over China’s Economic Slowdown

    Monday, 11th January 2016
    Global crude oil prices continue dropping to record low, with Brent down at $32.62 per barrel and US West Texas Intermediate (WTI) as low as $32.36, amid China's emerging economic slowdown and continuous overproduction of crude, which shatters hopes for market recovery in 2016.
  • Oman to Boost Production for Expected Oil Price Rise

    Oman to Boost Production for Expected Oil Price Rise

    Monday, 23rd February 2015
    Oman, the biggest Middle Eastern oil producer that’s not a member of OPEC, is boosting crude output to as much as possible with the global price rout over, Salim Al Aufi, undersecretary of the oil and gas ministry, said.
  • NYMEX-U.S. crude drops toward $97 on oil stocks data

    NYMEX-U.S. crude drops toward $97 on oil stocks data

    Thursday, 2nd February 2012
    U.S. crude oil prices slipped towards $97 a barrel on Thursday as a larger-than-expected rise in crude oil stocks outweighed support from upbeat manufacturing data in China, the United States and Germany.