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OPEC

High-gas-prices

Oil prices fall as rising U.S. output offsets OPEC-led cuts

31/01/2017(0)
Oil prices fell on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent ... 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 extends declines on rising U.S. output

30/01/2017(0)
Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could partly offset output cuts by OPEC and other producers. Uncertainty ... 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 dip as rising U.S. output offsets OPEC-led cuts

27/01/2017(0)
Oil prices dipped on Friday as rising crude output from the United States was offsetting efforts by OPEC and other producers to prop up the market by cutting supplies. ... Read More
FILE PHOTO: A worker walks atop a tanker wagon to check the freight level at an oil terminal on outskirts of Kolkata

Oil prices rose

26/01/2017(0)
Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil eases on rising U.S. inventory, market looks to EIA data

25/01/2017(0)
Oil edged lower on Wednesday as expectations of an increase in U.S. inventories weighed on the market, offsetting bullish momentum from output cuts announced by OPEC and other producers. ... Read More
China-Oil-Prices_Hays

Oil prices edge up on market caution over OPEC cuts

23/01/2017(0)
Oil prices are edging up in Asia on Monday after the Organization of the Petroleum Exporting Countries said it was near its target of cutting 1.8 million barrels of ... Read More
An oil pump is seen in Lagunillas

Oil Resumes Advance as Report Shows U.S. Crude Stockpiles Drop

19/01/2017(0)
Nationwide supplies fell 5.04 million barrels last week: API OPEC making “tremendous efforts” to reduce output: Barkindo Oil resumed gains after the biggest drop in more than a week ... 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 edge up on weaker dollar, expected crude output cuts

16/01/2017(0)
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global ... Read More
High-gas-prices

Oil prices stumble after strong jump in U.S. crude stocks

12/01/2017(0)
Crude prices slipped Thursday after data showed a stronger-than-expected increase in U.S. crude and distillate fuel stocks at a time when oil exports out of the Middle East are ... Read More
asian-shares-japan

Asian Shares Climb Amid Metals Bounce as Yen Slips: Markets Wrap

11/01/2017(0)
Iron ore, copper lead materials higher on China growth signs U.S. shares meandered amid angst before Trump media conference Asian stocks rallied, led by a surge in mining companies, ... Read More
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