Prices on oil inclines as OPEC supply cuts plan continues and the United States sanction to Iran and Venezuela. Want to know more? Read the article now!
Oil Inventory Report: Prices Perk Up after Saudi Comments OIL INVENTORY REPORT - Monday saw oil prices rise after reports said there would be no OPEC+ policy…
Oil prices steadied on Friday, but Brent crude is creeping closer to reach $80 per barrel.
Buoyed by the US-Iran sanction deals, oil prices reached above $70 for the first time since November 2014.
Crude oil were higher on Wednesday as investors were worried about a possible re-imposing of US sanctions on Iran.
Crude oil was trading below its 3-year high that was reached in the last session. The US EIA data report will be announced this Wednesday.
Oil prices fell but were able to stay near their three-year high record.
Oil prices surged after a Saudi Arabia Price Target of $80 to $100. And prices were supported by the fall of US stockpiles.