Tag: oil price

Crude Oil Back on the Retreat

In spite of supply disruptions and inventory drawdowns that have raised speculation that record American oil inventories are going to ease further, oil prices...

Massive Explosions Cripple Nigerian Oil Industry

Nigerian Crude Oil Production Halved by Militant Activity On Saturday, 28 May 2016, a series of explosions rocked Nigeria as a new militant group –...

Supply Disruptions Overshadow Oil Inventory Fears

Ongoing supply disruptions across the global energy industry continue to drive oil prices higher despite the fact that output levels from key producers are...

Is The Ruble Rally About To Fade?

After strengthening for the last few weeks, the Ruble Rally, on the back of stronger oil prices, the run higher in the Ruble...