Tag: Petroleum Exporting Countries
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WTI crude futures surge on hope of OPEC’s production cuts
U.S. oil prices shot up 4.45 percent Monday, on hope of deeper production cuts by the Organization of the Petroleum Exporting Countries and its...
Weekly oil prices slump amid growing concerns over demand destruction
Oil prices plunged for the week ending Feb. 28 with the prices of West Texas Intermediate (WTI) for April delivery down 16.15 percent and...
OPEC daily basket price decreases
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price decreased to 55.88 U.S. dollars a barrel on Tuesday, compared with 56.11 dollars...
OPEC daily basket price increases
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price increased to 58.35 U.S. dollars a barrel on Wednesday, compared with 56.68 dollars...
EIA expects OPEC to further cut crude oil production in 2020
The U.S. Energy Information Administration (EIA) on Tuesday forecast that the Organization of the Petroleum Exporting Countries (OPEC) will reduce crude oil production in...
