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OPEC cartel to cap oil production

OPEC cartel countries have agreed in Algiers on Wednesday to cap oil production to increase its…

Russia and Saudi Arabia have agreed on the oil price stabilization

Energy ministers of Russia and Saudi Arabia announced after the G20 summit in China that their…

Brent oil price exceeded USD 50 for a barrel

Drop in US crude oil inventories caused by wildfires in Canada led to an increase of Brent oil price…

Oil price should be increased

In recent months, Saudi Arabia has tried to ruin American oil producers who are using the fracking (…

Oil prices dropped again because of US production and stockpiles, and weak China?s currency

Rising oil stockpiles in the USA and Chinas weak currency probably caused another drop of oil prices…

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