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Crude Oil Price Falls on Shock Inventory Increase

23/12/2016(0)
The U.S. Energy Department’s inventory release showed that crude stockpiles recorded an unexpected build. This weighed on oil prices , sending West Texas Intermediate (WTI) crude futures down 1.5% ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil Trims Weekly Drop as U.S. Production Falls Most Since 2013

08/07/2016(0)
U.S output fell 2.3%, stockpiles slide 7th week, EIA reports Stockpile decline was less than forecast, API report Oil trimmed its biggest weekly decline in five months as investors ... Read More
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China’s Forex Reserves Plunge to More-Than-Three-Year Low

08/02/2016(0)
The world’s largest stockpile of foreign currency fell by $99.5 billion last month China’s foreign-exchange reserves fell to the lowest level in more than three years in January, raising ... Read More
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