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Brent futures

Oil-prices-petrol-pump

Oil rose for a third day

02/02/2018(0)
Oil rose for a third day on Friday after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. ... 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 prices hold near seven-month lows

20/06/2017(0)
Oil prices held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices. Brent ... 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 futures rose in Asian trading on Wednesday

10/05/2017(0)
Oil futures rose in Asian trading on Wednesday after Reuters reported Saudi Arabia would cut supplies to the region as OPEC battles against rising U.S. output that is threatening ... Read More
Brent Crude Oil

Oil rebounds on U.S. stocks drawdown, declining OPEC compliance weighs

03/05/2017(0)
Crude oil prices bounced back on Wednesday as a decline in U.S. inventories underpinned the market, although a dip in compliance with OPEC efforts to reduce output and near ... Read More
China-Oil-Prices_Hays

Oil prices fall as U.S. rig count stokes oversupply worries

03/04/2017(0)
Oil futures dipped on Monday as a higher U.S. rig count indicated rising shale output and stoked worries about global oversupply, while a stronger dollar also pressured prices. International ... 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 jump after data shows surprise U.S. stock draw

15/03/2017(0)
Oil prices rebounded from three-month lows on Wednesday after industry data showed a surprise drawdown in U.S. crude stockpiles and as Goldman Sachs put a positive spin on OPEC‘s ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil futures fell in Asian trade on Wednesday

08/03/2017(0)
Oil futures fell in Asian trade on Wednesday after industry data pointed to a potential ninth straight week of inventory builds, renewing concerns about an oversupply of oil despite ... Read More
Oil-prices-petrol-pump

Oil prices edge up on reports of Saudi supply cuts, but details murky

11/01/2017(0)
Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of ... Read More
Oil-prices-petrol-pump

Oil prices on track for greatest yearly percentage gain since 2009

30/12/2016(0)
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production ... Read More
OPEC logo

Oil prices rise but Opec production will keep them around $60 for 2014

22/12/2014(0)
Oil prices have risen by 2% on Monday 22 December, however analysts warn that it’s unlikely that the average price for 2014 will be above $60 per barrel (bbl). ... Read More
Broker Cyprus TopFX