Be sure to check our sister interview main ratings news website

Oil prices tick up on OPEC studying output cut

Oil prices inched up on Tuesday as tension around Iran’s seizure of a South Korean vessel simmered and after it emerged that the OPEC+ group is studying a possible production cut in February, according to a document.

Brent crude futures for March rose 35 cents to $51.44 a barrel by 0947 GMT, while U.S. West Texas Intermediate crude for February was at $48.04 a barrel, up 42 cents.

President Energy plc (LON:PPC) is an independent oil and gas company focusing primarily on high margin production opportunities in Latin America.

Read the full article
Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn

More articles like this

Accrol Group

UK Manufacturing industry shows growth and recovery in March

19th April 2024

The UK’s manufacturing industry has returned to growth and is showing “tentative signs of recovery”, according to a closely-watched survey. Both output and new orders increased in March, while business optimism also hit an 11-month high,

Tern plc

Factors driving growth of the Internet of Things

19th April 2024

What are the factors that are driving the growth of the Internet of Things? Some are consumer-driven pull factors. Others are industry driven push-factors as businesses develop new solutions that leverage IoT capabilities. Legislation and other technological

Dekel Agri-Vision PLC

Palm Oil futures end losing streak amid rise in oil prices

19th April 2024

Malaysian palm oil futures snapped a five-day losing streakon Friday amid a jump in oil prices. The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange was up 40 ringgit, or 1%, to 4,024

Time Finance plc

The true cost of stress in small businesses

19th April 2024

Late nights in the office or working overtime at the weekend isn’t unfamiliar territory for many business owners. In the early years of trading many SME entrepreneurs find their work-life balance a little skewed as they

© 2023 – DirectorsTalk. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.