Brent crude

Oil barel fill

Oil dips as rising US drilling offsets talk of an OPEC-led cut extension

27/03/2017(0)
Oil prices fell on Monday as rising U.S. drilling activity outweighed talks that an OPEC-led production cut initially due to end in mid-2017 may be extended. Benchmark Brent crude ... 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 drop on rise in U.S. drilling

20/03/2017(0)
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices mark time, set for small weekly rise

17/03/2017(0)
Oil prices were little changed in early Asian trade on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global ... Read More
Oil-prices-petrol-pump

Oil prices hit 3-month low as U.S. rig count climbs

13/03/2017(0)
Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept adding rigs. Brent crude LCOc1 ... Read More
Oil barel fill

Oil moves cautiously higher, remains under $50-a-barrel

10/03/2017(0)
Oil prices looked set to stabilize on Friday, but remained below a key support level as investors remained wary over rising U.S. crude oil inventories. On the New York ... Read More
Oil-prices-petrol-pump

Oil prices fell in Asian trade on Monday

06/03/2017(0)
Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid worries lower growth targets in China could cut oil demand ... Read More
Moscow International Business Center

Russian economy to grow 2% this year – economic development minister

28/02/2017(0)
Russia’s Gross Domestic Product (GDP) is due to return to sustainable growth in 2017, according to Economic Development Minister Maksim Oreshkin. “The recent data about freight turnover, electricity consumption ... 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 clings to gains as stockpiles rise for seventh week

24/02/2017(0)
Oil prices held gains on Friday on data showing U.S. stockpiles rose for a seventh straight week but at a pace that was well below expectations, and news of ... 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 firms as OPEC floats extended output cut; markets still bloated

17/02/2017(0)
Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang. Brent ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil edges up on threat of U.S. issuing new Iran sanctions

03/02/2017(0)
Oil prices edged up on Friday on news that U.S. President Donald Trump could be set to impose new sanctions on multiple Iranian entities, firing geopolitical tensions between the ... Read More
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