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Brent crude futures

A pumpjack drills for oil in the Monterey Shale

Oil steady after U.S. crude stockpiles drop; traders watch Gulf of Mexico storm

24/08/2017(0)
Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading ... Read More
Oil-prices-petrol-pump

Oil steady following a 3 percent jump in prices on Friday

21/08/2017(0)
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed ... Read More
High-gas-prices

Oil prices dipped as last week’s rally lost momentum

03/08/2017(0)
Oil prices dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

U.S. oil prices open above $50 for first time since May

01/08/2017(0)
U.S. oil opened above $50 per barrel for the first time since late May on Tuesday, supported by strong fuel demand, but ongoing high supplies from producer club OPEC ... 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
oil drill

Oil prices stable as strong Chinese demand eases concern of ongoing glut

13/07/2017(0)
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, ... Read More
Brent Crude Oil

The reason Oil edged up on Tuesday

11/07/2017(0)
Oil rises on firm short-term demand outlook; overall market still weak Oil edged up on Tuesday, lifted by a strong demand outlook for the coming weeks, but overall market ... 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
Brent Crude Oil

Oil prices down to near their lowest levels in seven months

15/06/2017(0)
Oil prices wallowed near their lowest levels in seven months early on Thursday, hurt by high global inventories and doubts over OPEC’s ability to implement production cuts. Brent crude ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil prices dipped on Wednesday; What keeps prices under pressure

07/06/2017(0)
Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as global fuel markets remained oversupplied, although rising tension in the Middle East and falling U.S. ... Read More
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