Home / Tag Archives: US crude exports

Tag Archives: US crude exports

Oil seen strengthening towards $80 per barrel

Oil prices will continue strengthening towards $80 (Dh293.84) per barrel due to geopolitical uncertainties in the market, but rising US production is expected to counter efforts by the Organisation of the Petroleum Exporting Countries (Opec) to curb production and keep the market tight, experts said. Global benchmark Brent was at …

Read More »

Shale boom to keep oil markets under pressure

Oil markets are expected to remain pressured throughout 2018 due to a rise in shale production, experts said. Oil prices are currently trading higher due to the strict implementation of an output cut agreement by the Organisation of Petroleum Exporting Countries (Opec) and non-Opec members, which seeks to lower global …

Read More »