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U.S. West Texas Intermediate

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
An oil pump is seen in Lagunillas

U.S. oil prices hit highest since mid-2015

29/12/2017(0)
U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial ... 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

Oil prices dipped

21/12/2017(0)
Oil prices dipped on Thursday as soaring U.S. output, fast approaching 10 million barrels per day (bpd), outweighed a drop in American crude inventories. U.S. West Texas Intermediate (WTI) ... Read More
An oil pump jack can be seen in Cisco, Texas

Oil Prices Up On Lower U.S. Crude Stocks

14/12/2017(0)
Oil prices rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this ... Read More
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota

Oil prices dropped; OPEC meets on Nov. 30

16/11/2017(0)
Oil prices dropped on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices hits highest levels since 2015

06/11/2017(0)
Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption ... 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

Oil prices rise on sharp drop in U.S. production as hurricanes bite

08/09/2017(0)
Oil prices rose on Friday as U.S. crude production was hit harder by Hurricane Harvey than expected, with the even bigger storm Irma heading for Florida and threatening to ... Read More
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
oil-price-L-reuters

Oil prices stable, supported as output cuts hit market

13/12/2016(0)
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a ... Read More
An oil pump jack can be seen in Cisco, Texas

Oil prices fall back below $50 as economic concerns rise

13/06/2016(0)
Oil prices fell in early trading on Monday, pulled down by rising economic concerns in Asia and a related strengthening in the U.S. dollar, which makes fuel imports for ... Read More
Broker Cyprus TopFX