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West Texas Intermediate

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 drop on rise in U.S. drilling

20/03/2017(0)
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures ... Read More
Oil-prices-petrol-pump

Oil prices hit 3-month low as U.S. rig count climbs

13/03/2017(0)
Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept adding rigs. Brent crude LCOc1 ... Read More
Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

U.S. oil ticks up for 2nd day on record OPEC output cut compliance

28/02/2017(0)
U.S. crude oil edged higher for a second day on Tuesday, underpinned by high compliance with OPEC’s production cuts even as the market remains anchored by rising U.S. production. ... Read More
A worker fills a tank with subsidized fuel at a fuel station in Jakarta

Crude oil rises after report shows drop in stockpiles

23/02/2017(0)
Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the view that a global glut is ... Read More
China-Oil-Prices_Hays

Oil prices edge up on market caution over OPEC cuts

23/01/2017(0)
Oil prices are edging up in Asia on Monday after the Organization of the Petroleum Exporting Countries said it was near its target of cutting 1.8 million barrels of ... Read More
Brent Crude Oil

Brent crude falls to 2004 low as market rout heads into Christmas

21/12/2015(0)
Brent crude oil prices fell to levels last seen in 2004 on Monday, dropping below the lows hit during the 2008 financial crisis on renewed worries over a global oil ... Read More
Asian Shares

Asian markets trade mixed; Japan shares spike on BOJ

18/12/2015(0)
Major markets in Asia were mixed on Friday after wavering between positive and negative territory as investors focused on economic data, central bank decisions and commodity prices. The Japanese ... Read More
Broker Cyprus TopFX