Tag: Oil prices
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Oil prices rise on Middle East conflict fears as Israel steps up attacks
By Gabrielle Ng and Katya GolubkovaSINGAPORE (Reuters) -Oil prices extended gains on Monday, buoyed by escalating concerns over potential supply pressures from Middle East...
Petrol prices to drop as Saudi Arabia prepares to flood oil market
Drivers are poised to benefit from lower prices at the pump as the world’s biggest oil exporting nation prepares to ramp up output.Brent crude...
Oil falls more than 2% on report Saudi Arabia vows to bring barrels back even if prices fall
Oil prices sank more than 2% on Thursday after the Financial Times reported Saudi Arabia is determined to start unwinding voluntary production cuts starting...
Why ExxonMobil, ConocoPhillips, and Shell Stocks Dropped Today
Thursday is looking like a rough day for oil stocks. Oil prices are falling, and oil stocks are following them down.As OilPrice.com reports, Brent...
Forget Occidental Petroleum — Buy This Magnificent High-Yield Energy Stock Instead
Oil prices have been a bit volatile of late, sending share prices of Occidental Petroleum (NYSE: OXY) down 25% from their 52-week highs. The...