Oil Inches Down to $74.47/barrel

Oil prices dipped lower on Friday, April 27, on strong dollar, but Brent was still headed for its third week of gains amid supply concerns should the United States reimpose sanctions on Iran. Global benchmark Brent crude futures LCOc1 were down 27 cents at $74.47 a barrel at 0833 GMT. This month, Brent hit highs above…

Austria to Host 7th OPEC International Seminar

Austria has been announced as the host of the 7th International Seminar of the Organisation of the Petroleum Exporting Countries (OPEC). The international seminar which will hold at the Imperial Hofburg Palace, Vienna, is scheduled from the 20−21 June 2018 with the theme, ‘Petroleum – Cooperation for a Sustainable Future.’ The seminar is expected to provide fresh impetus…