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gasoline

View of gasoline pumps at a petrol station in Paris

Oil prices claw back some losses, but oversupply still weighs

20/04/2017(0)
Oil prices regained some ground on Thursday after steep losses the previous day, with a slight drop in U.S. crude inventories stoking hopes that a global supply overhang might ... Read More
Oil-prices-petrol-pump

These factors will affect the oil price in the future

03/04/2017(0)
When oil price bottomed around $27 per barrel last year in February, many predicted a major reversal and the dark days for producers to be over. Yet, more than ... Read More
High-gas-prices

Oil edges up on Libya disruptions, but bloated U.S. market still weighs

30/03/2017(0)
Oil prices edged up on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. crude inventories curbed gains. Prices for front-month ... 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
oil markets

Biggest gasoline glut in 27 years could crash oil markets

21/02/2017(0)
Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising US oil production ... 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 eases on rising U.S. inventory, market looks to EIA data

25/01/2017(0)
Oil edged lower on Wednesday as expectations of an increase in U.S. inventories weighed on the market, offsetting bullish momentum from output cuts announced by OPEC and other producers. ... Read More
financial-services

Crude Oil Price Falls on Shock Inventory Increase

23/12/2016(0)
The U.S. Energy Department’s inventory release showed that crude stockpiles recorded an unexpected build. This weighed on oil prices , sending West Texas Intermediate (WTI) crude futures down 1.5% ... 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
Oil-prices-petrol-pump

Oil prices fall on renewed doubts on OPEC-led production cut

23/11/2016(0)
Oil prices fell in Asian trade on Wednesday, reversing earlier gains, as doubts re-emerged over whether OPEC would agree to a crude oil production cut at a ministerial meeting ... Read More
Broker Cyprus TopFX