OPEC

Oil Prices Bounce Back as Saudi Arabia Announces Major Output Cuts

Oil prices have shot upwards following Saudi Arabia's announcement to cut oil production by a million barrels per day (bpd)…

1 year ago

World’s major economies to release oil reserves to lower soaring oil prices

In an attempt to lower the price of oil the US is leading an international effort of other major economies…

3 years ago

Global oil production to drop by 10% as OPEC agrees on an historic deal

The market for oil could be set to rebound following the announcement from OPEC that a deal had been reached…

5 years ago

Crude Oil takes a 30% dive as Saudi Arabia gears up for a price war

The world awoke to the largest drop in oil prices in 29 years today as Saudi Arabia, the world’s second…

5 years ago