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OPEC

An oil pump is seen in Lagunillas

Oil Rally Fervor Cools as OPEC Output at Record Before Talks

05/09/2016(0)
Investors cut bets on oil rally by most in two years: CFTC OPEC production reached 33.69 million barrels a day last month Investors are realizing that OPEC’s talk of ... Read More
An oil pump is seen in Lagunillas

U.S. oil prices slide to near three-week low ahead of stockpile data

31/08/2016(0)
U.S. oil prices slid to a near three-week low in early Asian trade Wednesday on expectations that U.S. crude stocks expanded last week, exacerbating the already oversupplied market. On ... Read More
View of gasoline pumps at a petrol station in Paris

Oil prices rise as dollar comes off two-week high

30/08/2016(0)
Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to ... Read More
oil fiels

Oil Resumes Drop Near $47 Amid Market Stabilization Deal Doubts

29/08/2016(0)
Stability should be achieved soon for oil market: Al Mazrouei Rising Iranian output dims prospects of action: Dana Gas CEO Oil declined amid doubts producers will agree on a ... Read More
An oil pump is seen in Lagunillas

Oil prices dip as focus returns to global supply overhang

25/08/2016(0)
Crude prices dipped on Thursday as brimming U.S. and Asian fuel inventories returned investor attention to a large global supply overhang, cutting short a price-rally and restricting Brent crude ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Brent oil hovers above $50 on signs of a tighter market

19/08/2016(0)
Oil prices headed higher on Friday morning, even amid some profit taking profit-taking in Asia, with Brent prices pushing past $51 a barrel, underscoring the investors’ belief that oil ... Read More
A man fills up his car at a petrol station in Rome

Brent crude oil prices dip on prospect of record Saudi output

18/08/2016(0)
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted ... Read More
oil

Oil dips on oversupply; calls for producer meeting met with scepticism

10/08/2016(0)
Oil prices dipped on Wednesday as a global supply overhang weighed on markets, while talk of a potential producer meeting to discuss propping up prices lent some support but ... Read More
oil markets

Oil prices: OPEC may finally take action if crude’s slide continues

09/08/2016(0)
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil ... Read More
oil-price-L-reuters

The Price Of Oil Is Crashing Again, And That Is Very, Very Bad News For The U.S. Economy

02/08/2016(0)
This wasn’t supposed to happen. The price of oil was supposed to start going back up, and this would have brought much needed relief to economically-depressed areas of North ... Read More
Broker Cyprus TopFX