oil supply

Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing

Oil prices dip on rising U.S. supply

03/10/2018(0)
Oil prices dipped on Wednesday, weighed down by a report of rising U.S. crude inventories and an expected increase in production. Despite this, prices remain near four-year highs reached ... 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 drop on potential increase in OPEC output

24/05/2018(0)
Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. A surprise build ... Read More
A pumpjack drills for oil in the Monterey Shale

Early Market Review: Oil prices fell as on Monday reversed increases last Friday

19/03/2018(0)
Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude ... 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 worker checks the valves at Al-Sheiba oil refinery in Basra

Oil prices rise on tightening supply, strong demand

23/10/2017(0)
Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent ... Read More
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Brent oil edges up, near 26-month high amid supply concerns

27/09/2017(0)
Brent oil prices rose on Wednesday, hovering around a 26-month high hit in the previous session, after U.S. data showed an unexpected drop in crude stocks as refineries boosted ... 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 dipped amid broader market selloff

18/08/2017(0)
Oil prices dipped on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, LCOc1 the international benchmark ... Read More
An oil pump is seen in Lagunillas

What prevent oil prices from bigger drops?

04/08/2017(0)
Oil prices dipped on Friday, with U.S. crude remaining below $50 per barrel, restrained by rising output from the United States as well as producer club OPEC. U.S. West ... Read More
High-gas-prices

Oil prices dipped as last week’s rally lost momentum

03/08/2017(0)
Oil prices dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually ... Read More
oil

Oil dips; The reasons

19/07/2017(0)
Oil dips on rising U.S. crude inventories, high OPEC supplies Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers ... Read More
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