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oil markets

A pumpjack drills for oil in the Monterey Shale

Oil Markets Cautious

14/11/2017(0)
Oil prices fell on Tuesday as the prospect of further rises in U.S. output undermined ongoing OPEC-led production cuts aimed at tightening the market. Brent crude futures LCOc1 were ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil markets stable on expected extension of output cuts

30/10/2017(0)
Oil markets were stable on Monday, with Brent remaining above $60 per barrel supported by expectations that an OPEC-led production cut due to expire next March would be extended. ... 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 markets jump on fears of new Iran sanctions

16/10/2017(0)
Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while an explosion at a U.S. oil rig and ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil markets were firm on Monday and remained near multi-month highs reached late last week

18/09/2017(0)
Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. rigs drilling for new production fell and refineries continued ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil markets volatile in wake of Hurricane Harvey, North Korea nuclear test

04/09/2017(0)
Oil markets were volatile on Monday, with U.S. crude rising on production shutdowns while international Brent was pulled down by a flight into gold futures following a powerful North ... Read More
An oil pump is seen in Lagunillas

Oil markets to be disrupted for at least three months in wake of Harvey

31/08/2017(0)
The economic impact of Hurricane Harvey’s destruction has been limited on Eastern Canada so far, but the fallout from the storm is expected to affect oil markets for months. ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry

28/08/2017(0)
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, knocking out numerous refineries and some crude production. Gasoline prices ... Read More
Oil-prices-petrol-pump

Oil steady following a 3 percent jump in prices on Friday

21/08/2017(0)
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed ... Read More
Oil_well

Oil prices weighed down as U.S. inventory gains revive glut worries

28/06/2017(0)
Oil prices were steady to lower on Wednesday after a report of rising U.S. fuel and crude inventories underscored concerns that a three-year supply glut is far from over. Brent ... Read More
Oil-prices-petrol-pump

Oil prices fall on lingering oversupply concerns

27/04/2017(0)
Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders said that prices seemed to have found support around current levels. U.S. ... Read More
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