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

oil market

oil-and-gas

Oil markets are one outage away from crisis

23/09/2019(0)
The supply disruptions in the oil market may not be over, despite volatility and prices easing in the days after the Abqaiq attack. The repairs at the Abqaiq processing ... 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
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
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
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
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
Oil-prices-petrol-pump

Oil prices recovered on Thursday

23/03/2017(0)
Oil prices recovered on Thursday from losses chalked up the session before, but the market remained under pressure as bloated U.S. crude inventories and rising output dampen OPEC-led efforts ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil market may balance this quarter: UBS report

24/01/2017(0)
The oil market looks set to rebalance earlier than expected as OPEC members cut production, according to a report from UBS. OPEC oil output has reduced significantly since the ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices fall over doubts of planned crude output cut

28/11/2016(0)
Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday ... Read More
Broker Cyprus TopFX