Topic: OPEC
Oil prices tumble, driven by strong dollar
AFP Global Edition
Oil prices plunged on Friday as the strengthening US currency dented investor enthusiasm for dollar-priced crude, analysts said. New York's main contract, light sweet crude for April delivery, slumped 1.91 dollars to 80.29 dollars a barrel, extending earlier losses. London's Brent North Sea crude for May ...
Oil prices drop, driven by strong dollar
AFP Global Edition
World oil prices fell further on Friday as a strong US currency dented investor enthusiasm for dollar-priced crude, analysts said. New York's main contract, light sweet crude for April delivery fell 59 cents to 81.61 dollars a barrel. London's Brent North Sea crude for May delivery was ...
Oil prices climb on back of OPEC output freeze
AFP Global Edition
Oil prices climbed sharply Wednesday after OPEC, the cartel that produces 40 percent of world crude, held current output quotas unchanged despite a recent runup in prices. New York's main contract, light sweet crude for April delivery rose 1.23 dollars to close at 82.93 dollars a barrel ...
Oil prices rise as OPEC holds output
AFP Global Edition
World oil prices rose slightly on Wednesday as OPEC members agreed as expected to hold the cartel's output, while the weekly US energy inventory report was broadly in line with forecasts. New York's main contract, light sweet crude for April delivery rose 51 cents to 82.21 dollars ...
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