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U.S. West Texas Intermediate (WTI)

A pumpjack drills for oil in the Monterey Shale

What Traders said is the main factor driving oil prices lower?

19/06/2017(0)
Oil prices dip on further rise in U.S. drilling, demand slowdown Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped to ... 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 prices update: Rising U.S. oil output affect the OPEC-led cuts

16/06/2017(0)
Oil sits near half-year lows as global supply overhang weighs Oil prices were not far off six-month lows, held down by an ongoing supply overhang that persists despite an ... Read More
Brent Crude Oil

Oil prices down to near their lowest levels in seven months

15/06/2017(0)
Oil prices wallowed near their lowest levels in seven months early on Thursday, hurt by high global inventories and doubts over OPEC’s ability to implement production cuts. Brent crude ... 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
Asian-Market

Asia markets close lower, Nikkei 225 slips 2.71%

12/01/2016(0)
Asia’s major markets closed mostly lower, with investor sentiment in the region remaining fragile as oil prices continued to slide and China concerns weighed. The Australian market erased its ... Read More
Broker Cyprus TopFX