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OPEC

Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

U.S. oil prices open above $50 for first time since May

01/08/2017(0)
U.S. oil opened above $50 per barrel for the first time since late May on Tuesday, supported by strong fuel demand, but ongoing high supplies from producer club OPEC ... Read More
oil markets

Oil steady ahead of producer meeting; Nigeria, Libya output in focus

24/07/2017(0)
Oil prices held around a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil steady as Brent crude hovers below $50 ahead of OPEC meeting

21/07/2017(0)
Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, with Brent sitting below the $50 per barrel level that ... Read More
oil

Oil dips; The reasons

19/07/2017(0)
Oil dips on rising U.S. crude inventories, high OPEC supplies Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers ... Read More
An oil pump is seen in Lagunillas

Oil prices stable as strong demand meets ongoing supply glut

18/07/2017(0)
Oil prices were stable on Tuesday, supported by strong consumption but weighed by ongoing high supplies from producer club OPEC and also the United States. Brent crude futures, the ... Read More
oil drill

Oil prices stable as strong Chinese demand eases concern of ongoing glut

13/07/2017(0)
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, ... Read More
Brent Crude Oil

The reason Oil edged up on Tuesday

11/07/2017(0)
Oil rises on firm short-term demand outlook; overall market still weak Oil edged up on Tuesday, lifted by a strong demand outlook for the coming weeks, but overall market ... 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 retreated in Asian trade on Tuesday; Will Oil price move up or down?

04/07/2017(0)
Oil prices retreated in Asian trade on Tuesday, halting a run of eight straight days of gains on signs that a persistent rise in U.S. crude production is running ... Read More
oil prices - June 2015

Crude oil rose to its highest since June 19

29/06/2017(0)
Crude oil rose for a sixth straight session on Thursday to its highest since June 19 on a decline in U.S. output, but ongoing worries about global oversupply continued ... Read More
oil markets

Russia, Saudis See Oil Inventories Falling After Price Drop

12/06/2017(0)
Market to be balanced in first quarter of 2018: Russia’s Novak Saudi minister sees stockpiles falling faster in coming months A deal among oil-producing countries to curb production and ... Read More
Broker Cyprus TopFX