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Oil price grew after record period of losses

Oil price grew after record period of losses

6 years 3 weeks ago By Natalya Kuznetsova

Oil price grew after record period of losses, as Saudi Arabia announced that it will cut sales in December, Bloomberg reports.

IEA reduced estimates for oil demand next year due to threat to global economy

IEA reduced estimates for oil demand next year due to threat to global economy

6 years 1 month ago By Natalya Kuznetsova

International Energy Agency reduced estimates for oil demand next year due to growing threat to global economy, however, it warns that p

Oil consumption will suffer due to emerging markets

Oil consumption will suffer due to emerging markets

6 years 2 months ago By Natalya Kuznetsova

Emerging markets in Asia being a key driver for oil demand growth suffered from rising commodity price and weakening currency, Reuters r

Supply increase on behalf of OPEC's rivals will be highest in five years in 2019

Supply increase on behalf of OPEC's rivals will be highest in five years in 2019

6 years 4 months ago By Natalya Kuznetsova

OPEC expects maximum in five years increase in supply of oil on behalf of its rivals in 2019, Bloomberg reports.