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oil market

oil-price-L-reuters

Russia & Saudi Arabia agree to stabilize oil market

25/10/2016(0)
Moscow and Riyadh have found common ground on a possible agreement with OPEC and a plan to stabilize oil prices after a meeting in the Saudi capital. Russian Energy ... Read More
oil-refinery

Russia enter India’s Oil market with a $13 billion deal

18/10/2016(0)
The $13 billion sale of India’s Essar Oil to Russia’s Rosneft and other investors, gives Russia access to the most promising and fastest growing market. The deal also challenges ... Read More
oil fiels

Oil Resumes Drop Near $47 Amid Market Stabilization Deal Doubts

29/08/2016(0)
Stability should be achieved soon for oil market: Al Mazrouei Rising Iranian output dims prospects of action: Dana Gas CEO Oil declined amid doubts producers will agree on a ... Read More
oil markets

Oil prices: OPEC may finally take action if crude’s slide continues

09/08/2016(0)
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil ... Read More
shale drillers

Shale Drillers Add Oil Rigs for Longest Streak in a Year

08/08/2016(0)
Permian Basin oil rigs rise by 5, Eagle Ford adds 4 rigs U.S. oil producers bring back rigs for sixth consecutive week U.S. oil drillers added rigs for the ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil scrambles off April lows but oversupply still weighs

28/07/2016(0)
Oil prices steadied just above three-month lows on Thursday as producers continued to pump more than needed, filling inventories, and economic growth prospects darkened. Brent crude oil LCOc1 was ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

US energy secretary sees oil market coming into balance

01/07/2016(0)
The U.S. energy secretary said Friday he sees the global oil market coming into balance over the next year as rising demand catches up with a two-year-old supply glut ... Read More
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota

Oil slips after small U.S. drawdown; seen choppy before Brexit vote

23/06/2016(0)
Oil prices slipped on Wednesday after the U.S. government reported a smaller-than-expected inventory drawdown, and as investors fretted about Britain’s upcoming vote on whether to stay in the European ... Read More
An oil pump jack can be seen in Cisco, Texas

Global market may face oil shortage in 3-5yrs – Rosneft CEO

16/06/2016(0)
The oil market is reaching a balance faster than analysts predicted and a period of sustained oil price rises is not far off, according to Rosneft CEO Igor Sechin. ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil futures down on U.S. stockpile report, Brexit concern

16/06/2016(0)
Oil prices fell on Thursday, heading for a sixth session of declines, following a lower-than-expected draw on U.S. stockpiles and amid worries Britain might leave the European Union (EU). ... Read More
Broker Cyprus TopFX