Organization of the Petroleum Exporting Countries

A pumpjack drills for oil in the Monterey Shale

Oil prices rose as U.S. drilling for new production stalled

10/09/2018(0)
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from ... 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

Brent crude oil rises to $70

15/01/2018(0)
Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices near 2015 highs on tight market

28/12/2017(0)
Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Heading into 2018, traders said market conditions were relatively tight due to ... Read More
oil-price-L-reuters

Oil prices edge up on expected drop in U.S. crude stocks

05/12/2017(0)
Oil prices nudged higher on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after last week’s deal between OPEC and other crude producers to extend output ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil prices latest update

30/11/2017(0)
Oil prices edged up on Thursday, ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came into effect in January ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices eased on Thursday

14/09/2017(0)
Oil prices eased on Thursday, but held on to most of their gains in the previous session when the market was buoyed by a forecast for firmer global oil ... 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
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
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 slump

08/02/2017(0)
Oil prices slump on bloated U.S. fuel inventories, stalling China demand Oil prices dropped on Wednesday to extend falls from the previous day, as a massive increase in U.S. ... Read More
russian-crude

Crude oil prices drop toward $37 as weak outlook prevails

30/12/2015(0)
Crude oil futures slipped toward $37 per barrel on Wednesday as the market remained under pressure due to slowing demand and high supplies, while forecasts that a cold snap ... Read More
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