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

oil markets

Saudi Arabia wants to boost crude oil prices and get rid of a supply glut

Oil rises on potential Saudi Arabian output cut extension

12/04/2017(0)
Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to be lobbying OPEC and ... Read More
Oil barel fill

Oil dips as rising US drilling offsets talk of an OPEC-led cut extension

27/03/2017(0)
Oil prices fell on Monday as rising U.S. drilling activity outweighed talks that an OPEC-led production cut initially due to end in mid-2017 may be extended. Benchmark Brent crude ... Read More
oil markets

Oil drops as U.S. drilling growth

21/03/2017(0)
U.S. shale producers boost rig count for ninth straight week Libya’s Es Sider, Ras Lanuf oil ports poised to resume shiping Oil fell as a Libyan port is set ... 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
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 mixed on Saudi commitment to cut output, investor scepticism

17/01/2017(0)
Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices drop as Iraq says doesn’t want to join OPEC cut

24/10/2016(0)
Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Goldman Sachs says oil’s biggest problem could be over— and now crude is on a charge

16/05/2016(0)
The price of oil is surging on Monday morning thanks to a production disruption in Nigeria, continued worries about the amount of crude Venezuela will be able to produce ... Read More
iran

What Saudi Arabia’s decision to replace its once-influential oil minister really means

09/05/2016(0)
Saudi Arabia’s decision to replace its once-influential oil minister is being viewed widely as the latest effort of Deputy Crown Prince Mohammed bin Salman to consolidate power and pursue what one ... Read More
crude

Oil rises on signs of tightening market, but economic worries weigh

11/04/2016(0)
Oil prices rose on Monday, extending a sharp rally seen at the end of last week after a drop in U.S. inventories and drilling, while outages and hopes that ... Read More
oil-well

Brent Crude Falls; Oil Prices End at Nearly Seven-Year Lows

09/12/2015(0)
Prices hit fresh seven-year lows on expectations that U.S. crude inventories rose Brent crude dipped below $40 a barrel Tuesday in a selloff that has raised a worrisome possibility: ... Read More
Broker Cyprus TopFX