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Oil Prices

An oil pump jack can be seen in Cisco, Texas

Oil Prices Up On Lower U.S. Crude Stocks

14/12/2017(0)
Oil prices rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this ... Read More
Saudi Arabia wants to boost crude oil prices and get rid of a supply glut

Oil prices surge to over $65 for the first time in over 2 years

12/12/2017(0)
Brent crude has surged to its highest level since June 2015, trading above $65.00 per barrel. Earlier this month, The Organization for Petroleum Exporting Countries (OPEC) and non-member states, ... Read More
oil-price-L-reuters

Oil prices edge up on expected drop in U.S. crude stocks

05/12/2017(0)
Oil prices nudged higher on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after last week’s deal between OPEC and other crude producers to extend output ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil prices latest update

30/11/2017(0)
Oil prices edged up on Thursday, ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came into effect in January ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil prices falls on doubts over extending output cuts

29/11/2017(0)
Oil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production cut that the market has already priced in, and after a report ... Read More
A flame rises from a chimney at Taq Taq oil field in Arbil

What Drives The Oil Prices Rise

22/11/2017(0)
Oil prices rose on Wednesday as ongoing cuts of piped Canadian crude to the United States added to falling U.S. crude inventories, while expectations of a prolonged OPEC-led production ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil Prices Leap On Back Of Major Pipeline Leak

20/11/2017(0)
The combination of a major US pipeline leak of 795,000 litres and additional OPEC production cuts saw oil prices jump more than two per cent after a series of ... Read More
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 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 Falls On Lower Chinese Crude Imports

08/11/2017(0)
Oil prices fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported on the back ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices hits highest levels since 2015

06/11/2017(0)
Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption ... Read More
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