Brent crude oil prices fall as OPEC production soars
The Organization of the Petroleum Exporting Countries (OPEC) said that its March production jumped 810,000 barrels per day (bpd) to 30.79 million bpd, which is equivalent to a third of global supply.
Apr 17, 2015, 13:47 PM ISTOil prices rebound in Asia
Oil prices rebounded in Asia on Thursday after falling sharply to fresh five-year lows in the previous session after OPEC cut its forecast for demand 2015 and US stockpiles saw a surprise surge, analysts said.
Dec 11, 2014, 08:50 AM IST