Business3 years ago
Oil hits one-month highs as IEA, OPEC raise forecasts
Oil prices increased on Thursday to the highest level in almost a month, after rising 5% in the previous session.
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Iran Today4 years ago
Resistance to the oil price plummet
The plummeting of oil price affects Iran’s economy the least compared to others!
On The News Line4 years ago
Saudi economic crisis
Amid falling oil prices and the coronavirus crisis, Saudi Arabia has decided to resort to tough economic measures to contain the fallout.
Interviews4 years ago
'Most oil-producing nations are suffering as crude prices fall'
An economic expert says the drop in crude prices means that most oil producing nations, including Saudi Arabia, are suffering and will face a tough year.
Saudi Arabia4 years ago
Saudis started oil price war after MBS-Putin shouting match: Report
Saudi crown prince threatened Russian president over production cuts prior to flooding market in a telephone call, the Middle East Eye reports.
Economy4 years ago
Wall Street drops as oil traders cannot give away US crude
Wall Street tumbled on Monday after US crude futures turned negative for the first time ever, with traders forced to pay to unload crude as the May contract expired during a global economic slump unleashed by the coronavirus outbreak.
Economy4 years ago
US oil prices crash to negative territory amid devastating glut
US oil prices crashed to unprecedented lows Monday as futures in New York ended in negative territory for the first time amid a devastating supply glut that has forced traders to pay others to take the commodity.
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