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barrels

High-gas-prices

Oil prices stumble after strong jump in U.S. crude stocks

12/01/2017(0)
Crude prices slipped Thursday after data showed a stronger-than-expected increase in U.S. crude and distillate fuel stocks at a time when oil exports out of the Middle East are ... Read More
Traders gesture at each other while working in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange

Crude stocks down, though inventories up again in Cushing

15/12/2016(0)
U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday. Crude inventories fell by ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Lukoil: Oil price of $60 per barrel will be dominant in 2017

12/12/2016(1)
Lukoil expects that in 2017 oil prices will be around $60 per barrel, Vice President of Lukoil Leonid Fedun said on Friday. “If we analyze the history of such ... Read More
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EIA Forecasts $51 Per Barrel 2017 Brent Crude Oil Price

14/11/2016(0)
The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook(STEO) released on November 8 forecasts that North Sea Brent crude oil prices will average $43 per barrel (b) in 2016 and ... Read More
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