Crude oil prices rise 2% as Venezuela rekindles hopes of output freeze

20 September 2016, Lagos – Organisation of Petroleum Exporting Countries (OPEC) and other major oil producers could agree to output cuts and as clashes in Libya disrupted the country’s attempts to boost crude exports. While global benchmark, Brent crude futures were up 2.1 per cent, at $46.75 a barrel, the United States West Texas Intermediate (WTI) […] More »