Advertise With Us
Sign up for our Newsletter
Join Our Directory
Open an Account

OPEC

A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota

Oil prices dropped; OPEC meets on Nov. 30

16/11/2017(0)
Oil prices dropped on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil Markets Cautious

14/11/2017(0)
Oil prices fell on Tuesday as the prospect of further rises in U.S. output undermined ongoing OPEC-led production cuts aimed at tightening the market. Brent crude futures LCOc1 were ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil traders take profits

31/10/2017(0)
Oil prices eased on Tuesday as traders took profits following days of gains and as the prospect of increasing U.S. exports dampened overall bullish sentiment that has driven Brent ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices rises on tighter U.S. market, strong China imports

13/10/2017(0)
Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. Strong Chinese oil import data also supported crude prices, traders said. ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices stable as OPEC says market is rebalancing

10/10/2017(0)
Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate. U.S. West Texas ... Read More
High-gas-prices

Oil prices holds gains as producers say market rebalancing

25/09/2017(0)
Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil markets were firm on Monday and remained near multi-month highs reached late last week

18/09/2017(0)
Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. rigs drilling for new production fell and refineries continued ... Read More
An oil pump is seen in Lagunillas

Oil prices edges up as Saudis discuss extending supply cut

11/09/2017(0)
Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh ... Read More
An oil pump is seen in Lagunillas

What prevent oil prices from bigger drops?

04/08/2017(0)
Oil prices dipped on Friday, with U.S. crude remaining below $50 per barrel, restrained by rising output from the United States as well as producer club OPEC. U.S. West ... Read More
High-gas-prices

Oil prices dipped as last week’s rally lost momentum

03/08/2017(0)
Oil prices dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually ... Read More
Broker Cyprus TopFX