LONDON, (APP): Oil Prices to remain low as Iran refuses to freeze output Oil prices slipped Monday after Iran said it had no plans to join any output freeze by other major producers. Despite a recent rebound, world crude prices are still at less than half  of their levels of June 2014 because of ...

LONDON, (APP): World Oil Prices at 2016 Peak World oil prices soared this week to 2016 highs as Canadian and Nigerian supply problems and sliding US production helped reduce the stubborn global supply glut. New York's benchmark West Texas Intermediate (WTI) for June delivery soared Wednesday to ...