New York, U.S. | Xinhua | Oil prices fell on Thursday after hitting their highest levels in three months in the prior session. The West Texas Intermediate (WTI) for July delivery lost 60 cents, or 0.5 percent, to settle at 121.51 U.S. dollars a barrel on the New York Mercantile Exchange. …
Read More »
Volatility in the oil market is caused by geopolitical developments rather than changes in market fundamentals New York, U.S. | Xinhua | Oil prices surged again on Wednesday after major oil producers decided to stick to modest output increase despite supply fears amid the Russia-Ukraine conflict. The West Texas Intermediate (WTI) …
Read More »
London, United Kingdom | AFP | The OPEC club of oil-producing countries meets Thursday in Vienna as they weigh how to react to a sharp drop in global oil demand due to the outbreak of the new coronavirus. The extraordinary two-day meeting will see OPEC, led by Saudi Arabia, and its …
Read More »
The Independent Uganda: You get the Truth we Pay the Price