AxiTrader

A pumpjack drills for oil in the Monterey Shale

Oil gives up earlier gains as rising US output, China concerns weigh

09/05/2017(0)
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production ... Read More
View of gasoline pumps at a petrol station in Paris

Oil prices claw back some losses, but oversupply still weighs

20/04/2017(0)
Oil prices regained some ground on Thursday after steep losses the previous day, with a slight drop in U.S. crude inventories stoking hopes that a global supply overhang might ... Read More
Oil-prices-petrol-pump

Oil dips after three-day rally, but support seen above $50 per barrel

31/03/2017(0)
Oil prices eased on Friday as traders took profits following three days of straight gains on the expectation that an OPEC-led crude supply cut that was initially supposed to ... Read More
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