Ecuador suspends oil delivery amid protests
Wednesday’s shutdown accounts for 68 percent of its oil output, the ministry said, adding that the protests had cost $12.8 million in lost production to date.…
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Wednesday’s shutdown accounts for 68 percent of its oil output, the ministry said, adding that the protests had cost $12.8 million in lost production to date.…
Wall Street stocks finished a volatile quarter on a positive note on Monday, while oil prices slid amid reports that Saudi Arabia restored oil production more…
Washington has pointed the finger at Tehran, condemning an act of war” which knocked out half of Saudi Arabia’s oil production.
Saudi Arabia on Friday revealed extensive damage to key oil facilities following weekend aerial strikes that were blamed on Iran, but vowed to quickly restore…
Reports that the OPEC cartel has agreed to hike their current production level by 1 million barrels more of crude oil per day is a welcome development that…