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Oil Posts Biggest Two-Day Gain in 6 Weeks as Saudis Make Cuts

13/01/2017(0)
Saudis cut production to less than 10 million barrels a day Russia ready to discuss export monitoring, minister says Oil climbed, posting the biggest two-day gain in almost six ... Read More
High-gas-prices

Oil prices stumble after strong jump in U.S. crude stocks

12/01/2017(0)
Crude prices slipped Thursday after data showed a stronger-than-expected increase in U.S. crude and distillate fuel stocks at a time when oil exports out of the Middle East are ... Read More
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Oil prices edge up on reports of Saudi supply cuts, but details murky

11/01/2017(0)
Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of ... Read More
oil-price-L-reuters

Oil prices running out of reasons to rally

10/01/2017(0)
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part ... 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
oil

Oil prices fall as US inventories, Libya output weigh

22/12/2016(0)
Oil prices slipped in tepid Asian trading today, dragged down by an unexpected rise in US crude inventories last week and moves by Libya to boost output over the ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices bounce back after week of sharp falls

07/11/2016(0)
Oil prices rose by over 1 percent on Monday, with traders citing opportunistic buying after sharp declines in the previous week that brought prices to their lowest since early ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices steady after five days of declines, but sentiment bearish

04/11/2016(0)
Oil prices edged up on Friday, stabilizing after five straight days of falls, although a surge in U.S. crude inventories and doubts over the ability of producers to coordinate ... Read More
Gold and Oil

Oil prices slump, gold rallies amid uncertainty over Brexit vote

24/06/2016(0)
Oil and gold prices moved sharply in Asian trade on Friday as market sentiment swayed according to the results reported from the United Kingdom’s poll on its future in ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices hold steady on strong China demand, ahead of producer meeting

12/04/2016(0)
Oil prices were stabile on Tuesday, with U.S. crude futures holding above $40 per barrel and Brent approaching $43 ahead of a meeting of major producers to discuss freezing ... Read More
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