Olympic Oil Industries Limited was incorporated in July 1980. The Company is engaged in the trading of various commodities like Yellow Peas Rapeseed Meal Paper Crude Palm Oil Polythene Bags Inverters ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

NEW YORK, Oct 4 (Reuters) - Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were ...

Oil Prices Rise Amid Escalating Middle East Tensions President Joe Biden said on Thursday the US was discussing strikes on Iran's oil facilities as retaliation for Tehran's missile attack on Israel.

Oil prices could roar past $200 a barrel if escalating tensions in the Middle East decimate Iran's crude output, a chief commodities analyst told CNBC. SEB's Bjarne Schieldrop noted that that Iran ...

The Middle East is in chaos, and the oil market is remarkably calm about it. Oil prices have climbed, but not dramatically so, even as the world braces for an all-out war in the most critical ...

Libya resumed oil production on Thursday, returning hundreds of thousands of barrels a day to global markets after a political standoff in the OPEC member eased. The nation’s eastern government ...

Overlay text in the video states: "Got oil stains on your clothes? Here's how to remove it." Her initial directive is to carefully dab away any surplus oil with paper or kitchen towels ...