U.S. oil

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
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

U.S. oil holds near seven-week high; OPEC upbeat on output curbs

22/02/2017(0)
Oil prices held near multi-week highs on Wednesday after OPEC signaled optimism over its deal with other producers to curb output to clear a glut that has weighed on ... Read More
asian markets

Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered

13/12/2016(0)
U.S. oil hovers below $53 a barrel after OPEC-fueled advance Shanghai share index declines as sovereign yield keeps rising Shanghai stocks extended their worst losses in six months and ... Read More
Brent Crude Oil

U.S. Oil Trade Imbalance With Canada Shrinking

18/07/2014(0)
Thanks in large part to its energy-rich oil sands, Canada exports 10 times more oil to the United States than the United States exports to Canada, but that balance ... Read More
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