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WTI

A fuel tanker navigates near Cienfuegos Oil Refinery southeast of Havana

Oil prices dip as rising U.S. supplies offset OPEC cuts

01/02/2017(0)
Oil dipped on Wednesday, weighed down by ongoing high supplies despite an OPEC-led production cut, but prices remained within a narrow trading band that has been in place since ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil eases on rising U.S. inventory, market looks to EIA data

25/01/2017(0)
Oil edged lower on Wednesday as expectations of an increase in U.S. inventories weighed on the market, offsetting bullish momentum from output cuts announced by OPEC and other producers. ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices bounce back after week of sharp falls

07/11/2016(0)
Oil prices rose by over 1 percent on Monday, with traders citing opportunistic buying after sharp declines in the previous week that brought prices to their lowest since early ... Read More
markets

Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise

30/05/2016(0)
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a ... Read More
Worker grabs a nozzle at a petrol station in Tehran

Oil prices rise as turmoil in Nigeria adds to global supply disruptions

20/05/2016(0)
Oil prices rose in early trading on Friday as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, ... Read More
Oil-prices-petrol-pump

Oil Advances to Six-Month High as U.S. Stockpiles Seen Falling

17/05/2016(0)
Crude inventories forecast to decline by 3.5 million barrels Unplanned outages in Nigeria and Canada have cut global output Oil advanced to a seven-month high before U.S. government data ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices rise as investor sentiment turns upbeat

22/04/2016(0)
Oil prices rose on Friday, setting crude futures on course for solid weekly gains, as market sentiment turned more upbeat despite ongoing oversupply. International benchmark Brent crude futures LCOc1 ... Read More
oil and gas platforms

Oil prices edge up as confidence rises that market has bottomed

03/03/2016(0)
Oil prices edged higher on Thursday as sentiment spread that a 20-month-long market rout is coming to an end as production slows amid strong demand. U.S. crude futures were ... Read More
oil

Brent trades near $33 as Russia sees output talks done by March

22/02/2016(0)
Brent traded near $33/bbl as Russia said talks on an output freeze will be done by March 1 while Nigeria said some countries should have production capped at higher levels. Futures rose ... Read More
oil

Iran oil minister: Support any effort to stabilize market and prices

18/02/2016(0)
Iran could support any effort to stabilize oil prices, including cooperation between OPEC and non-OPEC oil producers, the nation’s oil minister said after a meeting Wednesday, according to Reuters. ... Read More
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