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Brent crude

Brent Crude Oil

Oil prices edge up ahead of OPEC meeting

30/11/2016(0)
It’s all getting very nervy ahead of the Organisation of the Petroleum Exporting Countries‘ (Opec) meeting later today. Members of the producer cartel will be trying to get the ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices fall over doubts of planned crude output cut

28/11/2016(0)
Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday ... Read More
Men fish near an oil refinery in Kawasaki

Oil prices fall as strong dollar wipes out OPEC cut optimism

18/11/2016(0)
Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures LCOc1 ... Read More
Brent Crude Oil

Oil prices pull back after another jump in U.S. supply

17/11/2016(0)
Oil futures were lower in Asian trade Thursday after weekly data showed another large increase in U.S. inventories of crude. On the New York Mercantile Exchange, light, sweet crude ... Read More
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EIA Forecasts $51 Per Barrel 2017 Brent Crude Oil Price

14/11/2016(0)
The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook(STEO) released on November 8 forecasts that North Sea Brent crude oil prices will average $43 per barrel (b) in 2016 and ... 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
A pumpjack drills for oil in the Monterey Shale

Oil prices steady after five days of declines, but sentiment bearish

04/11/2016(0)
Oil prices edged up on Friday, stabilizing after five straight days of falls, although a surge in U.S. crude inventories and doubts over the ability of producers to coordinate ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices drop as Iraq says doesn’t want to join OPEC cut

24/10/2016(0)
Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, ... Read More
High-gas-prices

Oil prices fall on higher OPEC output, rise in U.S. crude stocks

13/10/2016(0)
Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. ... Read More
Oil-prices-petrol-pump

Oil prices fall over doubts that non-OPEC producers will cut output

10/10/2016(0)
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent ... Read More
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