Total signed a memorandum of understanding (MoU) with the government of Oman to develop natural gas resources in the Arabian Peninsula nation, the company announced Sunday.
read more... 21/05/2018
A stronger dollar and an inventory report indicating lower-than-expected U.S. crude and gasoline stocks backed oil prices on Wednesday. Brent futures futures added 85 cents, or 1.1%, to close at $79.28 a barrel. WTI crude rose by $0.18, or 0.3% to settle at $71.49 a barrel.
read more... 17/05/2018
Oil prices surged on Tuesday on concerns that U.S. sanctions on Iran might limit crude exports from one of the most important producers in the Middle East. Brent futures added $0.2, or 0.3%, to close at $78.43 a barrel. WTI crude gained $0.35, or 0.5%, to end to $71.31.
read more... 16/05/2018
Oil prices declined on Friday, retreating after previous gains as U.S. allies are likely to insist in preserving an agreement with Iran, which could maintain country's crude exports on global markets. Brent crude was 35 cents, or 0.5% down at $77.12 a barrel. WTI futures lost 1% to close at $70.70 a barrel.
read more... 14/05/2018
Oil prices hiked on Monday due to forecasts for higher prices on gasoline and consumer goods. Brent futures rose $1.3, or 1.7%, to end at $76.17 a barrel. WTI crude surged by 1.5% to settle at $70.73 a barrel, for the first time above $70 level since late 2014.
read more... 08/05/2018