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Oil Prices Rises When America Intervene the Middle East Security

JAKARTA (TheInsiderStories) -The second alleged attack on tankers near the Strait of Hormuz in roughly a month has heightened concerns about oil security in...

EIA Revises 2019’s Global Crude Oil Production to 30.3MBPD

JAKARTA (TheInsiderStories) - United States' Energy Information Administration (EIA) revised down Organization of the Petroleum Exporting Countries (OPEC) crude oil production around 30.3 million...

US, China Working to Signs New Trade Agreement

JAKARTA (TheInsiderStories) - United States (US) and China plan to hold a new round of negotiations later this month, according to officially reported last...

Oil Price Hits High Level Amid China Growth, US Stockpiles

JAKARTA (TheInsiderStories) - Oil prices slipped on Wednesday after Brent crude earlier hit 2019 high above US$72 a barrel, supported by steady economic growth...

Oil Price Predicted to Remain Stable Next Year

JAKARTA (TheInsiderStories) - Research and consultant company, Wood Mackenzie predicted stable crude oil price for the next 18 to 24 months. The stagnant price...