OPEC working on exit strategy to reassure investors it won’t flood market after curb deal
Businessam Staff
October 24, 2017
As OPEC negotiates the extension of its oil production cuts until the end of 2018, it’s also quietly started working on an exit
Oil markets stable on tighter U.S. market, expected OPEC supply cuts extension
Businessam StaffOctober 19, 2017
Oil prices at the international market opened Thursday stable supported by ongoing OPEC-led supply cuts, tensions in the Middle East
Oil prices fall on oversupply concern as Libyan output fluctuates
Businessam StaffAugust 23, 2017
Oil prices fell Wednesday, weighed down by concerns about rising production from Libya feeding into an oversupplied market and a
Oil prices fall after rally prompts profit-taking
Businessam StaffAugust 21, 2017
Oil prices fell around 1 percent Monday as a rally at the end of last week prompted investors to close positions at a higher price,
Oil fell on oversupply worries despite OPEC deal
Businessam StaffMay 30, 2017
Oil prices fell on Tuesday on concerns that output cuts by the world’s big exporters may not be enough to drain a global glut