Oil prices surge on Monday

Source: Dukascopy Bank SA
During the US trading session on Monday crude oil price benchmarks moved higher. The main reason for the surge were the expected OPEC led oil production cuts.
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Mon, 18 Mar 2019 19:49:30 GMT

Mexico will invite four firms to bid on oil refinery

The Mexican government on Monday announced that it will invite four firms to bid for the construction of the state owned oil company's Pemex refinery in Dos Bocas. The new refinery is expected to increase production in Mexico, decrease demand for imports and slightly decrease global oil prices.

Mon, 18 Mar 2019 19:00:08 GMT

Iran intends to sue US

On Monday, the President of Iran announced that the Iranian government will file a case against the US in an international court. Iran intends to once more complain of the sanctions imposed on the country by the United States.

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