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OPEC

Saudis

Saudi Arabia is losing oil market share to Iraq and Iran

27/04/2017(0)
Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices, according to ... Read More
Oil-prices-petrol-pump

Oil prices fall on lingering oversupply concerns

27/04/2017(0)
Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders said that prices seemed to have found support around current levels. U.S. ... Read More
Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing

Oil falls on bulging U.S. crude inventories, record global supplies

26/04/2017(0)
Oil prices resumed their downward trend on Wednesday as data showed a rise in U.S. crude inventories and record supplies in the rest of the world cast doubt on ... 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 edges up after six days of straight losses

25/04/2017(0)
Oil prices inched up on Tuesday but markets remain under pressure following six consecutive sessions of declines as traders lose confidence that pledged output cuts by major producers will ... Read More
Brent Crude Oil

Oil price projections are so enigmatic right now

24/04/2017(0)
Predictions range from a 20-percent reduction (to roughly $42 a barrel) to an exuberant 100-percent increase ($100) by next year. It’s enigmatic that perceptions of market experts are so ... 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 recovers lost ground, but market remains under pressure

24/04/2017(0)
Oil prices recovered ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although ... Read More
Venezuela

Here’s what Venezuela’s deepening crisis means for oil prices

21/04/2017(0)
Venezuela and its worsening economic and political crisis may be an underappreciated wild card when it comes to the outlook for oil prices. The nation, which has the world’s ... Read More
Shaybah oilfield complex is seen at night in the Rub' al-Khali desert, Saudi Arabia

Oil prices set for biggest weekly drop in a month

21/04/2017(0)
Oil traded steady on Friday, though it was set for its biggest weekly drop in about a month over doubts that an OPEC-led production cut will restore balance to ... Read More
Oil-prices-petrol-pump

Oil prices dip on bloated U.S. market, mixed Saudi signals

19/04/2017(0)
Oil prices dipped on Wednesday as bloated U.S. supplies weighed on markets while a fall in Saudi crude exports was offset by rising production in the country. Brent crude ... 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

Crude oil eases for second day on rising U.S. production

13/04/2017(0)
Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched briefly in the last session as rising U.S. production stoked worries about ... Read More
Broker Cyprus TopFX