Oil Price Hike: Economic Slowdown Likely To Soon Dent Fuel Consumption
Oil prices edged up on Friday, lifted by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela. Despite strong price increases…
Oil Rose to 5-month High Amid OPEC Cuts, U.S. Sanctions, Libya Fighting
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting in Libya as well…