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oil price

Oil_well

Saudis’ Oil Price War Is Paying Off

27/02/2015(0)
Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working. U.S. drillers are idling rigs at ... Read More
oil

Crude-oil shocker: API data show supply surging

19/02/2015(0)
The oil market got a bit of a shock late Wednesday, when the American Petroleum Institute’s supply data were released. U.S. crude-oil supplies as of the week ended Feb. ... Read More
oil

Oil giant BP predicts Opec comeback as Brent crude price rises

18/02/2015(0)
Saudi Arabia and its fellow Opec members are set to make a massive comeback and regain control of the world’s crude oil market, and could be in their previous position of ... Read More
oil pipes

OPEC Producers Cut Oil Prices to Asia in Battle for Market Share

11/02/2015(0)
Iraq and Iran joined Saudi Arabia in cutting their March crude prices for Asia to the lowest level in more than a decade, signaling the battle for a share ... Read More
oil production

Guess What Happened The Last Time The Price Of Oil Crashed Like This?…

03/12/2014(0)
There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time ... Read More
Brent Crude Oil

Oil falls below $72 after sharp rally in volatile market

02/12/2014(0)
Brent oil fell below $72 a barrel on Tuesday, giving up some of its gains in the previous day’s rally from five-year lows, as traders voiced uncertainty over whether ... Read More
Currency-War-Public-Domain-300x190

Dollar Advances as OPEC Output Freeze Seen Hurting Euro, Aussie

28/11/2014(0)
The dollar strengthened on speculation lower crude prices after OPEC’s decision to keep oil output unchanged will stimulate the U.S. economy while weighing on the euro and currencies of ... Read More
natural gas pipes

Oil price swoon pulls WTI crude to 3-year low

05/11/2014(0)
Oil prices fell to a three-year low Tuesday as Saudi Arabia cut prices of crude exported to the U.S., raising the specter of a bruising battle for market share ... Read More
arab

Gulf economies edge toward reform as oil price slides

03/11/2014(0)
When Kuwait’s government said last month that it planned to raise domestic prices of diesel fuel and kerosene, some angry Kuwaitis took to Twitter to denounce the move as ... Read More
Brent Crude Oil

Oil halts slide on renewed turmoil in Libya

15/07/2014(0)
The price of oil paused Tuesday after tumbling last week as a deteriorating security situation in Libya raised questions over the restoration of exports following an agreement between the ... Read More
Broker Cyprus TopFX