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Brent crude oil fell to $77.82 a barrel on Monday, a drop of $1.41. (Shutterstock)

July 3rd, 2018 - 11:55 GMT

Oil Prices Decline as Supplies Increase From Saudi Arabia and Russia

Oil prices dropped on Monday as supplies from Saudi Arabia and Russia increased and the market continued to absorb the impact of US President Donald Trump’s weekend tweets — although analysts expect the decline to be short-lived.

April 1st, 2015 - 08:57 GMT

Saudi Arabia, Iraq key drivers: OPEC output at highest level since October

February 19th, 2015 - 01:05 GMT

Jinxed much? Oil prices fall sharply again after US crude inventories rise

February 18th, 2015 - 08:25 GMT

Threats are good? Oil prices hit relative 2015 'high'

Iraq's oil supplies were held back by decades of war and sanction

October 27th, 2014 - 07:42 GMT

What IS? Iraq oil exports undettered by regional turmoil

October 8th, 2014 - 12:59 GMT

The 'remarkable' trend continues: Oil demand drops on signs of weak demand, 'tremendous surge in US oil production'

“The market has become more complacent about supply again. But complacency is dangerous. Given the geopolitical tensions, a spike in oil prices cannot and should not be ruled out.”

August 11th, 2014 - 10:35 GMT

Let's wait and see: oil prices 'complacent' with US military strike on Iraq

The discount of US crude to Brent narrowed on Wednesday to its smallest since mid-October as traders expected the startup of a pipeline from Cushing to refineries on the US.

February 5th, 2014 - 02:07 GMT

American cold season brings global oil prices up to $106

OPEC reported its lowest output in over two years in December 2013 (File Archive)

February 2nd, 2014 - 12:00 GMT

Thank you Libya? Why OPEC's output is finally on the rise after December low

Goldman Sachs said Monday it expected tighter oil markets to propel Brent to $115 “in the very near term.”

August 20th, 2013 - 07:00 GMT

Libya, Egypt push oil prices up to $110 a barrel

Brent crude oil rose toward $110 per barrel Tuesday after oil exports from Libya fell to their lowest for two years, heightening supply worries ahead of scheduled cuts in output from fellow OPEC member Iraq.

August 14th, 2013 - 08:23 GMT

Shortages in Libyan and Iraqi oil production raise world prices

Oil prices above Riyadh’s preferred $100 a barrel but with expectations of slower demand in early 2013

January 6th, 2013 - 11:09 GMT

OPEC output falls as sanctions hit Iranian oil output

Panic trading in the oil markets have caused prices to drop from previous one-month highs

November 20th, 2012 - 12:02 GMT