Brent crude

oil - petrol - A man fills up his car

Oil recovers but still ends near 6-1/2-year lows

26/08/2015(0)
 U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. ... Read More
saudi-arabia

Oil’s Drop Puts Spotlight on Saudi Arabia

25/08/2015(0)
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping ... Read More
oil-well

Brent Crude Falls Below $45 for First Time Since 2009 on Surplus

24/08/2015(0)
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is slowing just as supplies from the U.S. and Iran ... Read More
oil - petrol - A man fills up his car

Oil down on U.S. stock build, record Saudi output

08/04/2015(0)
Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly build in U.S. stockpiles and as Saudi Arabia reported record output in March. The decline in ... Read More
iran-oil-rig

Iran Moves Closer to Restoring Oil Exports on Nuclear Accord

03/04/2015(0)
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The ... Read More
Brent Crude Oil

Oil retreats from large jump as focus returns to Iran talks

02/04/2015(0)
Oil prices fell on Thursday as attention returned to nuclear talks with Iran, with the prospects for a deal and an increase in Iranian crude exports helping to keep pressure ... Read More
oil-well

Oil price ‘could fall to $30’ say trading experts

27/03/2015(0)
Oil prices continued their downward spiral Friday, falling more than $1, after a short-lived rally of around 5 percent the previous day, as concerns of a disruption to supplies ... Read More
UAE stock market

Gulf Markets Drop As U.S. Oil Hits 6-Year Low

19/03/2015(0)
Stock markets across the Gulf fell sharply on Wednesday after U.S. crude futures dropped to a fresh six-year low and Brent oil also edged down. U.S. oil futures dropped ... Read More
oil platform in sea

U.S. Oil Prices Fall to Fresh Six-Year Lows

18/03/2015(0)
Oil prices fell further in Asian trade Wednesday with U.S. crude posting fresh six-year lows on mounting worries over rising supplies. On the New York Mercantile Exchange, light, sweet ... Read More
Oil_well

Saudis’ Oil Price War Is Paying Off

27/02/2015(0)
Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working. U.S. drillers are idling rigs at ... Read More
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