On Friday, oil prices moved up before the July 4 holiday and Brent crude also posted its biggest weekly gain in more than a month.
After the results of 'Brexit' vote surfaced the crude oil prices tumble almost 6.8 percent on June 24 but according to some of the analysts, the supply and demand equation is continuing to favor th
On Wednesday, oil prices dropped as crude supplies in the United States slipped to lower than expected levels.
The oil's advance came to a halt close to $49 per barrel as markets are waiting for U. K's referendum on 'Brexit' and the weekly data on U. S. stockpile.
Big names in the energy industry like Total and Royal Dutch Shell are considering options of building terminals and power plants up emerging new markets so that the huge supply in the market is soa
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