One of the biggest brands in Europe, Peugeot, announces its plans to bump up production amidst Brexit. The auto company unveils that their British Vauxhall plant is looking to pump more outputs […]
A surprise drawdown in crude stockpiles and escalating tensions between the United States and China resulted in increased oil prices on Thursday. The US West Texas Intermediate (WTI) crude for May delivery rose […]
The dollar continues to tremble against the wake of the euro despite having multiple hawkish and positive outlooks from the Federal Reserve and its new chairman. The euro, on the other hand, […]
Oil prices dropped for the second day on Tuesday. There were two contributing factors identified in the continuous decline. One was the rising U.S. output and the other was the strengthening dollar. […]
Oil held gains of more than $58 per barrel as the Christmas holiday ended and trading once again resumed. Add to this that for the second week the U.S. explorers paused in […]
Crude oil prices dropped on Monday as rising in the US rig count last week showed a further rise in American production. Such result could undermine OPEC-led efforts of tightening markets.