Indo-Asian News Service | Nov 26, 2016, 6:10 AM IST
Analysts said the news was the major factor dragging oil prices down, as the investors were uncertain whether OPEC would be able to reach an output cut deal by the end of this month.
Press Trust of India | Oct 24, 2016, 2:17 AM IST
"Market fundamentals, in terms of supply and demand, have begun to improve," Falih said, adding, "We are optimistic that oil prices will continue to improve in the future."
Indo-Asian News Service | Apr 14, 2016, 2:37 PM IST
Crude production of the US lost 31,000 barrels to 8.977 million barrels a day last week, according to the weekly report released by the Energy Information Administration (EIA) Wednesday.
Press Trust of India | Feb 10, 2016, 7:03 AM IST
Oil had already crashed in January, with New York crude ducking below USD 28 for the first time since September 2003.
