Oil prices : Franchise Herald

Oil prices

Oil prices

Oil Prices Per Barrel Today Crashes Below $30, Barclays Forecast Looks Grim As 2016 Starts

Oil prices per barrel today dropped to an incredible low, marking below $30, which is the lowest it has ever been since 2003.

Berkshire Hathaway Buys $4.5 Billion Stake in Oil Refiner Phillips 66 Despite Slumping Crude Prces

Warren Buffet's Berkshire Hathaway Inc appears to be bullish in the prospects of the oil industry despite slumping crude prices, as it bought a more than a tenth of oil refiner Phillips 66, Reuters reported.

U.S. Oil Rigs Rise for Third Week Despite Low Crude Prices

U.S. energy firms added six oil rigs last week despite a decline in crude futures on concerns about the market situation.

Brent Crude Dropped To Lowest Level Since 2010

Brent Crude slid down to a 4-year low after Iraq went with the bandwagon and followed Iran and Saudi Arabia to give huge discounts on oil produce.

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