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West Texas Intermediate (WTI)

oil

Oil dips but still set for strongest January in five years

29/01/2018(0)
Oil eased below $70 a barrel on Monday as rising U.S. output undermined efforts led by OPEC and Russia to tighten supplies, but prices were still on track for ... 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
A pumpjack drills for oil in the Monterey Shale

Oil prices rises on tighter U.S. market, strong China imports

13/10/2017(0)
Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. Strong Chinese oil import data also supported crude prices, traders said. ... 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

How the oil prices move in Asian session

11/10/2017(0)
Oil prices edged up on Wednesday, extending 2 percent gains recorded the previous day, on signs that markets are gradually tightening after years of oversupply, although the outlook for ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices stable as OPEC says market is rebalancing

10/10/2017(0)
Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate. U.S. West Texas ... Read More
Oil-prices-petrol-pump

Oil steady following a 3 percent jump in prices on Friday

21/08/2017(0)
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed ... 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
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 firms as OPEC floats extended output cut; markets still bloated

17/02/2017(0)
Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang. Brent ... Read More
High-gas-prices

Oil prices fall as rising U.S. output offsets OPEC-led cuts

31/01/2017(0)
Oil prices fell on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent ... Read More
FILE PHOTO: A worker walks atop a tanker wagon to check the freight level at an oil terminal on outskirts of Kolkata

Oil prices rose

26/01/2017(0)
Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to ... Read More
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