All about Oil price

Oil Barrels with Red Arrow isolated on white background. 3D render
By Edition On Friday, January 16th, 2015

T&T government says oil price drop has resulted in $TT7.5 billion loss

PORT-OF-SPAIN, Trinidad - The Trinidad and Tobago government has reiterated its position that the drop in oil prices on the global market is not a signal for a sudden change in its economic development policies. “We More...

By Edition On Tuesday, January 13th, 2015

Most developing countries will benefit from oil price slump, says World Bank

Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in the latest edition of More...

By Edition On Monday, January 12th, 2015

Venezuela and Saudi Arabia cooperate to stabilize oil prices

WILLEMSTAD - During the visit of the Venezuelan delegation to Saudi Arabia, as part of the tour of President Nicolas Maduro to the member countries of the OPEC, Riyadh and Caracas agreed to cooperate to achieve More...

By Edition On Monday, January 12th, 2015

Saudi Prince: “The barrel of oil will never cost $ 100 again”

SAUDI ARABIA- Alwaleed bin Talal, the Saudi prince and businessman, says that the price of a barrel of oil will never reach $ 100 again. The unexpected decline has damaged the main oil producers, including Russia, More...