Weak Demand Causes Recent Reduction in Oil Prices

Oil prices dropped by almost 3% due to weak demand from investors.


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Taiwan Sets Up Plans to Ensure Sufficient Supplies of Oil

Despite high crude prices, Taiwan claims that it has enough oil supply.


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Iran Predicts Further Increase in Crude Prices

Iran’s OPEC governor made a recent prediction that international crude prices will further increase due to several factors such as the sanctions imposed on Iranian oil exports.


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Sasol Earnings May Post a 90% Profit Increase Due to Higher Oil Prices

Sasol Ltd., the biggest producer of motor oil based in Johannesburg, expects a 90% increase in profits due to higher prices of crude oil.


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Oil Prices to Increase by 3 to 6 percent

Oil prices will rise by 3 to 6 percent beginning February with increases in international crude oil prices.


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