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OPEC

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

Crude prices push further below $50 on rising U.S. inventories, OPEC fears

26/10/2016(0)
Oil prices were depressed in early Asian trade Wednesday, dragged lower by a sharp growth in the U.S. crude inventories and rising prospects that a production cut deal proposed ... Read More
oil-price-L-reuters

Russia & Saudi Arabia agree to stabilize oil market

25/10/2016(0)
Moscow and Riyadh have found common ground on a possible agreement with OPEC and a plan to stabilize oil prices after a meeting in the Saudi capital. Russian Energy ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices drop as Iraq says doesn’t want to join OPEC cut

24/10/2016(0)
Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, ... Read More
kuwait-oil-minister

Kuwaiti official expects oil prices be between $50 and $60 over the next 10 to 15 months

20/10/2016(0)
Kuwait’s finance minister and acting oil minister, Anas al-Saleh, said on Monday he was optimistic that an understanding on production “at least” would be reached between producers at an ... Read More
Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing

Oil prices dip after strong rally, but sentiment remains confident

20/10/2016(0)
  Oil prices dipped on Thursday on profit taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil rises on reported US crude inventory draw, expected OPEC cut

19/10/2016(0)
Oil prices rose early on Wednesday, pushed up by a report of a fall in U.S. crude inventories and an OPEC statement saying a planned production cut was achievable, ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices fall on rise in U.S. drilling, strong dollar

17/10/2016(0)
Oil prices fell early on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic ... Read More
High-gas-prices

Oil prices fall on higher OPEC output, rise in U.S. crude stocks

13/10/2016(0)
Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. ... Read More
Oil-prices-petrol-pump

Oil prices fall over doubts that non-OPEC producers will cut output

10/10/2016(0)
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent ... Read More
Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing

Oil curves move above $50 as financial confidence in crude rises

07/10/2016(0)
U.S. oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above above that level in a sign that financial markets have increasing ... Read More
Broker Cyprus TopFX