Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth and supply restrictions led by the Organisation of the Petroleum Exporting Countries (OPEC) and Russia. NAN reports
Tag "Organisation of Petroleum Exporting Countries"
Moody’s, US-based ratings agency, says crude oil prices will remain within the range of $40 to $60 despite the extension of the supply cuts agreed on by the Organisation of
Brent crude oil prices jumped above $65 per barrel after the shut down of the Forties North Sea pipeline knocked out significant supplies. Brent crude, the international benchmark for crude