OPEC_Crude oil

OPEC Output Falls by 80K barrels Per Day Oil prices continued to rise over the first part of the week fuelled by the latest data which shows that production among OPEC members fell over October. A survey compiled by Reuters shows that oil output among the OPEC bloc declined by 80k barrels per day over the last month mainly driven by a fall in e...

2018-01-25 James Harte Read more
VIENNA, AUSTRIA, DECEMBER 19, 2015: view of the main lobby of the OFID - OPEC fund for international development

The main question everyone asks nowadays is why are crude oil prices falling? Many traders are asking the same question over and over again, and so far, there is no logical answer for such question. If you are reading this article and you are asking it too, you might get the right answer, even if you can't agree with it. Despite the fact that ...

2017-08-30 Nour Eldeen Al-Hammoury Read more