On Tuesday (5 May), oil prices hit their highest level this year, which was possible due to the declining output in Libya and the disruptions
Tag: oil prices
Russia’s PhosAgro to Thrive despite the Ruble Crisis
PhosAgro, a Russian fertilizer manufacturer, anticipates that steep falls in the ruble and oil prices will help it thrive in the upcoming years. CEO Andrei
Iraq Announces its Record Oil Output
After Iraq, an OPEC member, had announced its record crude production, Brent crude oil prices went down below $50. Iraq’s Oil Minister, Adel Abdel Mehdi,