Tag: oil market
Trump orders drawdown of US strategic oil reserves
US President Donald Trump said Sunday that he has authorized "the release of oil from the Strategic Petroleum Reserve" (SPR)…
UAE minister happy with oil market
The UAE Minister of Energy, Suhail bin Mohammed al-Mazroui has expressed his satisfaction with the state of things at the…
Oil market slows down as dollar rises
Oil prices extended their retreat Thursday after hawkish US Federal Reserve meeting minutes strengthened the dollar and a weekly report…
OPEC Sees More Balanced Oil Market In 2016
The oil market should be more balanced next year as China and the developing world use more oil while supply…
Analysis: Nigeria to lose oil market, revenue by 2014
By Emeka Chiakwelu Since the 1973 oil embargo imposed on the United States by Arab oil producing nations, United States…