Post Tagged with: "benchmark oil prices"

Oil Slumps 7% as Trump Announces Additional Tariffs on Chinese Imports

Oil Slumps 7% as Trump Announces Additional Tariffs on Chinese Imports

From Reuters


Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1.

The drop …

Source: Sweetcrudereport.com

Crude Oil on the Rise

Saudi Arabias move to dispel doubts over Russia’s readiness to extend output curbs sent WTI and Brent crude oil benchmark prices up 2.32% and 2.10%, respectively.

Recently Saudi Arabia’s Energy Minister Khalid AL-Falih said that OPEC will announce the extension …

November 17, 2017 - 5:20 pm Closing Bell Story‎, Oil and Gas 360 Articles, OPEC
After Years of Famine, Oil Dividends Back on Menu

After Years of Famine, Oil Dividends Back on Menu

From: Reuters

LONDON (Reuters) – The world’s top oil and gas companies are under growing pressure to revive share and dividend rewards to investors as profits and oil prices get back on track after a three-year crunch.

BP fired the …

November 10, 2017 - 9:00 am Closing Bell Story‎, Crude Oil News
As the Original Brent Field Fades Away, Brent Oil Pricing to Get a New Component

As the Original Brent Field Fades Away, Brent Oil Pricing to Get a New Component

Norway’s Troll crude oil to become part of the Brent benchmark price assessment: EIA

Despite the continuing importance of the Brent price benchmark, actual crude oil production from the original Brent field will soon end after more than 40 years …