oil prices

 Oil price at highest level since November 2014

Oil price hit its highest levels today since November 2014 as stockpiles fall and worries about geopolitical tensions in the Middle East weigh on the markets. The cost of Brent crude oil futures contracts deliverable in June 2018 rose …

OPEC+ ministers to meet in Jeddah

OPEC and non-OPEC oil ministers will meet in Jeddah, Saudi Arabia today to discuss their oil production cut deal.  The Joint Ministerial Monitoring Committee (JMMC) will make a recommendation to OPEC about whether or not the …

Oil markets tense after strikes on Syria

Oil fell 1% today as markets opened following western air strikes in Syria over the weekend, while a rise in US drilling for new production also dragged on prices. Brent crude oil futures were at $71.85 per barrel at 0547 GMT, down 73 …

Urals average price rises 25.3%

  Average price of Russia’s Urals oil rises 25.3% to $65.22 per barrel in January-March, 2018 compared to the same period last year, the country's finance ministry said. In January-March, 2017, the …