Advertise With Us
Sign up for our Newsletter
Join Our Directory
Open an Account

Brent crude

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 falls as U.S. drilling undermines drive to tighten markets

29/05/2017(0)
Oil prices fell on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply. Trading activity will be subdued on Monday due to public ... Read More
Brent Crude Oil

Oil drops after OPEC-led output cut extension falls below expectations

26/05/2017(0)
Oil extended falls on Friday after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs. ... 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 climb on hopes output cuts will be extended

19/05/2017(0)
Oil futures rose on Friday to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in ... Read More
A man walks in front of the Novokuibyshevsk refinery near the city of Samara, October 28, 2010. REUTERS/Nikolay Korchekov/File Photo

Oil jumps after Saudis, Russia say supply cut to be extended to March 2018

15/05/2017(0)
Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia jointly said that a crude production cut ... Read More
Shaybah oilfield complex is seen at night in the Rub' al-Khali desert, Saudi Arabia

Oil prices continue slide; WTI nearing six-month low as supply glut weighs

05/05/2017(0)
Oil prices fell by as much as a further 3 percent on Friday, after prices had crashed to five-month lows in the previous session, as concerns about global oversupply ... Read More
limassol-oil-rig

Is oil market moving from balance into deficit?

04/05/2017(0)
Market demand is heading into balance in the second half of the year, should the Organization of the Petroleum Exporting Countries (OPEC) extend its production-cut agreement with other producers ... 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 rises on potential OPEC cut extension, but still faces second weekly loss

28/04/2017(0)
Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an ... Read More
Saudis

Saudi Arabia is losing oil market share to Iraq and Iran

27/04/2017(0)
Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices, according to ... 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 edges up after six days of straight losses

25/04/2017(0)
Oil prices inched up on Tuesday but markets remain under pressure following six consecutive sessions of declines as traders lose confidence that pledged output cuts by major producers will ... 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 recovers lost ground, but market remains under pressure

24/04/2017(0)
Oil prices recovered ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although ... Read More
Broker Cyprus TopFX