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Oil Prices

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
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 hold near seven-month lows

20/06/2017(0)
Oil prices held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices. Brent ... 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 update: Rising U.S. oil output affect the OPEC-led cuts

16/06/2017(0)
Oil sits near half-year lows as global supply overhang weighs Oil prices were not far off six-month lows, held down by an ongoing supply overhang that persists despite an ... Read More
Brent Crude Oil

Oil prices down to near their lowest levels in seven months

15/06/2017(0)
Oil prices wallowed near their lowest levels in seven months early on Thursday, hurt by high global inventories and doubts over OPEC’s ability to implement production cuts. Brent crude ... Read More
Oil barel fill

Oil prices edges up on Saudi pledge to make real supply cuts

13/06/2017(0)
Oil prices edged up early on Tuesday, lifted by statements that OPEC-leader Saudi Arabia was making significant supply cuts to customers, although rising U.S. output meant that markets remain ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices pinned down by strong dollar, supply worries

09/06/2017(0)
Oil prices were little changed on Friday, clawing back earlier declines, amid a variety of market impacts including a rising dollar as returns from the U.K election came in ... 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 slide amid glut concerns, U.S. withdrawal from climate deal

02/06/2017(0)
Oil prices dropped on Friday amid worries that U.S. President Donald Trump’s decision to abandon a global climate pact could spark more crude drilling in the United States, stoking ... Read More
Oil-prices-petrol-pump

Oil falls as rising Libyan, U.S. output undermines cuts

31/05/2017(0)
Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that is undermining OPEC-led production cuts aimed at tightening the market. Brent ... Read More
Brent Crude Oil

Oil dips as ongoing glut outweighs strong start to summer driving

30/05/2017(0)
A run by U.S. oil prices toward $50 a barrel ran out of steam on Tuesday as persistent concerns of oversupply outweighed signs of a strong start to the ... 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 falls as U.S. drilling undermines drive to tighten markets

29/05/2017(0)
Oil prices fell on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply. Trading activity will be subdued on Monday due to public ... Read More
Broker Cyprus TopFX