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oil supply

An oil pump is seen in Lagunillas

Oil prices stable as strong demand meets ongoing supply glut

18/07/2017(0)
Oil prices were stable on Tuesday, supported by strong consumption but weighed by ongoing high supplies from producer club OPEC and also the United States. Brent crude futures, the ... 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
oil-price-L-reuters

Oil prices fall; market braces for Nigeria, Libya supply

16/09/2016(0)
Oil prices were lower in Asia trade on Friday as traders brace for an increase in oil exports from Libya and Nigeria, and the increase in U.S oil product ... Read More
oil well

Oil futures slide with focus on U.S. oil supply

22/09/2015(0)
Crude-oil futures dropped Tuesday, giving up some of the prior day’s strong gains, as analysts said data on U.S. oil supply and China’s economy could cause more price volatility ... Read More
oil and gas - britain

UAE open to meeting Indian oil demand – UAE economy minister

20/08/2015(0)
The United Arab Emirates is open to meeting any demand for oil from India, the Gulf OPEC member’s economy minister Sultan bin Saeed al-Mansouri told Reuters on Monday. Mansouri ... Read More
OPEC logo

What will Opec do about the oil supply?

03/06/2015(0)
With oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this ... Read More
oil

Energy groups left bruised as falling oil prices bite into profits

29/10/2014(0)
Tumbling oil prices have hit the earnings of two big London-listed energy companies, in one of the first tangible signs of how the oil supply glut is reverberating across ... Read More
Broker Cyprus TopFX