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U.S. West Texas Intermediate (WTI)

Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

Oil prices close to mid-2015 highs, but doubts over further rises loom

03/01/2018(0)
Oil prices were stable on Wednesday, not far off mid-2015 highs reached the previous session, as strong demand and ongoing efforts led by OPEC and Russia to curb production ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil prices rise on tightening supply, strong demand

23/10/2017(0)
Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent ... Read More
Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

U.S. oil prices dips below $50

04/10/2017(0)
Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally that lasted for most of the third quarter would ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

U.S. oil prices rose on Tuesday

05/09/2017(0)
U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil markets volatile in wake of Hurricane Harvey, North Korea nuclear test

04/09/2017(0)
Oil markets were volatile on Monday, with U.S. crude rising on production shutdowns while international Brent was pulled down by a flight into gold futures following a powerful North ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

U.S. crude futures fell in Asian trading on Friday

01/09/2017(0)
U.S. crude futures fell in Asian trading on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry with nearly a quarter of ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil steady as Brent crude hovers below $50 ahead of OPEC meeting

21/07/2017(0)
Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, with Brent sitting below the $50 per barrel level that ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil prices fell by more than 1 percent early on Friday

07/07/2017(0)
Oil prices fell by more than 1 percent early on Friday, with U.S. crude futures dipping below $45 per barrel as news of a rise in U.S. production added ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices retreated in Asian trade on Tuesday; Will Oil price move up or down?

04/07/2017(0)
Oil prices retreated in Asian trade on Tuesday, halting a run of eight straight days of gains on signs that a persistent rise in U.S. crude production is running ... Read More
oil-price-L-reuters

Oil prices rose more than 1 percent early on Monday

26/06/2017(0)
Oil jumps one percent on weaker dollar, but rise in U.S. drilling drags Oil prices rose more than 1 percent early on Monday on a weaker dollar, but another ... Read More
Broker Cyprus TopFX