Oil price may fall to $10 a barrel as world runs out of storage space

Oil price may fall to $10 a barrel as world runs out of storage space  The GuardianSaudi Arabia And The U.S. Could Form The World's Newest Oil Cartel  OilPrice.comOil extends gains as optimism over US stimulus lifts global markets  CNBCCommentary: Saudi Arabia's new, radical oil strategy aims to keep prices low  CNAGuest Opinion: Trump should put tariff on oil imported from Saudi Arabia  Midland Reporter-TelegramView Full coverage on Google News

The Guardian

Habari Zinazoendana

10 years ago

TheCitizen

29 Jan

Oil price fall ‘good for economy’

The recent fall of oil prices in the world market has sent a positive note to Tanzania’s balance of payments with the country’s current account narrowing by 11 per cent in the year ending November 2014.

 

5 years ago

CNBC

01 Apr

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn  CNBCUS crude up by 2.9%, at $20.68 a barrel | Oil prices | US Crude Oil | World News  WIONThe Inevitable Collapse Of Global Oil Production  OilPrice.comThe Other Emergency Is Crashing Oil Prices  ResilienceThe Oil Price War Pits Efficiency Against Security  ForbesView Full coverage on Google News

 

10 years ago

TheCitizen

10 Feb

Firm to increase oil storage capacity

The Tanzania International Petroleum Reserves Limited (Tiper) expects to increase its storage capacity after completing the refurbishment of its two tanks of 36,600 cubic metres each next month.

 

10 years ago

TheCitizen

29 Jan

Coal price fall threatens local miners

A drop in coal prices in countries like South Africa is threatening the existence of seven local miners as factories that make use of the fossil fuel prefer importing the products to sourcing them locally.

 

10 years ago

TheCitizen

10 Feb

Fall in oil prices pushes inflation down

Tanzania’s annual headline inflation decreased to 4 per cent in January from 4.8 per cent recorded in December pushed by a decrease of oil prices.

 

9 years ago

TheCitizen

06 Jan

Relief to oil consumers as prices fall

This year has started with relief to fuel consumers as the regulator announced lower prices for petrol, diesel and kerosene through January.

 

10 years ago

TheCitizen

12 Feb

Queries arise over who really benefits from fall in oil prices

Prices of petroleum products have been going down in Tanzania as the country responds to the declining global prices. However, the price drops make little sense to Iliyasa Haji, a resident of Mbezi and a supplier of Irish potatoes to Mabibo and Mbagala markets.

 

5 years ago

Financial Times

30 Mar

US crude oil price falls below $20

US crude oil price falls below $20  Financial TimesOil Plummets to 17-Year Low as Broken Market Drowns in Crude  BloombergCrude oil futures slide as pandemic darkens demand outlook  CNBCWhy Saudi Arabia is likely to blink first in oil price war with Russia  South China Morning PostWelcome to a Truly Free Oil Market  BloombergView Full coverage on Google News

 

5 years ago

The New York Times

03 Apr

Oil Prices Fall in Asia After Thursday Surge: Live Updates

Oil Prices Fall in Asia After Thursday Surge: Live Updates  The New York TimesTrump tells CNBC he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut  CNBCOil prices spike by a record 25% as Trump talks up huge production cuts and Saudi Arabia calls for OPEC meeting  CNNTrump’s 10 Million Barrel Tweet Is Performance Art  BloombergCommentary: Even with low prices, this is not the end of oil  CNAView Full coverage on Google...

 

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