oil

A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil prices claw back some ground after plunging to year lows

09/03/2017(0)
Oil prices attempted a slight rebound Thursday on the heels of plunging to their lowest levels in a year after weekly data which showed a higher-than-expected build-up in U.S. ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil futures fell in Asian trade on Wednesday

08/03/2017(0)
Oil futures fell in Asian trade on Wednesday after industry data pointed to a potential ninth straight week of inventory builds, renewing concerns about an oversupply of oil despite ... Read More
yen-china-currency

Yen climbs with Aussie and kiwi as Asian Stocks Mixed

08/03/2017(0)
Japan shares drop while Hong Kong equities gain after data Yen climbs with Aussie and kiwi; crude slumps below $53 Asian stocks were mixed as investors continued to assess ... 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 hold steady for third day; eyes on economic data

07/03/2017(0)
Oil prices were little changed for a third session on Tuesday, with investors searching for direction as concern over rising U.S. shale output offsets production cuts by OPEC and ... Read More
Oil-prices-petrol-pump

Oil prices fell in Asian trade on Monday

06/03/2017(0)
Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid worries lower growth targets in China could cut oil demand ... Read More
High-gas-prices

Oil prices under pressure after historical high for U.S. crude stocks

02/03/2017(0)
Oil prices fell further Thursday, depressed by the latest pick up in U.S. crude stockpiles and production. On the New York Mercantile Exchange, light, sweet crude futures for delivery ... Read More
A Quick Grand - Dow Jones Industrial

Global Stock Rally Shifts to Asia After U.S. Highs: Markets Wrap

02/03/2017(0)
Japan’s Topix at highest since December 2015 as yen slumps Dollar climbs as Fed official supports rate hike ‘soon’ The bulls are gaining momentum as the global equity rally ... Read More
Saudi Arabia wants to boost crude oil prices and get rid of a supply glut

Saudi Arabia wants oil prices to rise to $60 in 2017

01/03/2017(0)
Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from OPEC countries and the oil industry said. This is the level ... 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 clings to gains as stockpiles rise for seventh week

24/02/2017(0)
Oil prices held gains on Friday on data showing U.S. stockpiles rose for a seventh straight week but at a pace that was well below expectations, and news of ... Read More
yen

Asia Stocks Slump as Dovish Fed Minutes Spur Yen: Markets Wrap

23/02/2017(0)
S&P 500 falls for second time in 11 sessions after record high Yen strengthens, dollar higher against most other major peers Asian equities followed U.S. stocks lower, with Japanese ... Read More
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