oil

Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Is Oil About To Become Front-Page News? “A Glut That Held Prices Down For Years Is Essentially Gone”

22/05/2018(0)
    Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, ... 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
Asian Stocks

Asia Stocks Rise as Yuan Strengthens, Oil Rebounds: Markets Wrap

01/06/2017(0)
Japan’s Topix gains while China shares slip amid economic data Onshore yuan heads for biggest 4-day gain in almost 12 years Asian equities rose, with a rally in Japan ... Read More
asian trades

Asia Stocks Slip as China Rally Fades; Pound Drops: Markets Wrap

31/05/2017(0)
Shanghai shares pare gains sparked by manufacturing report U.K. currency slides as poll shows Tories may miss majority Most Asian stocks fell as better-than-expected Chinese factory data wasn’t enough ... 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
Asian stocks

Stocks Climb in Korea, Japan; Dollar Reverses Loss: Markets Wrap

29/05/2017(0)
U.K., U.S., China markets closed for holidays on Monday Dollar erases early loss amid Fed official’s rates comments Stocks in Asia were mixed amid low trading volume and the ... Read More
Brent Crude Oil

Oil drops after OPEC-led output cut extension falls below expectations

26/05/2017(0)
Oil extended falls on Friday after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs. ... Read More
oil markets

Oil climbed toward $51 a barrel

22/05/2017(0)
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to ... Read More
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