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Brent crude

A gas station attendant pumps fuel into a customer's car at PetroChina's petrol station in Beijing

Oil rises after month of steady decline but oversupply still weighs

01/08/2016(0)
Oil rose on Monday, driven by new orders as traders staked out positions at the start of the new month, but the market remains dogged by a crude glut, ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil scrambles off April lows but oversupply still weighs

28/07/2016(0)
Oil prices steadied just above three-month lows on Thursday as producers continued to pump more than needed, filling inventories, and economic growth prospects darkened. Brent crude oil LCOc1 was ... Read More
crude

Weaker dollar lifts oil prices, but mood remains bearish

26/07/2016(0)
Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising ... Read More
A fuel tanker navigates near Cienfuegos Oil Refinery southeast of Havana

Oil prices rise as market shrugs off Turkey coup bid

18/07/2016(0)
Oil prices were virtually unchanged in choppy Asian trade on Monday following gains last week as traders shrugged off the impact of Friday’s attempted coup in Turkey, while upbeat ... 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

Oil falls on glut fears, but China data curbs losses

15/07/2016(0)
Crude futures dipped in Asian trading on Friday on renewed concerns about a global oil glut, but losses were capped by slightly better than expected Chinese economic data reflecting ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil near two-month low on economic woes; drillers adjust to lower prices

11/07/2016(0)
Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia. Brent crude was trading at ... 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

Oil prices fall as Brexit lingers, refined products glut looms

27/06/2016(0)
Oil prices stabilized on Monday as market participants better absorbed the shock of last week’s vote in Great Britain to leave the European Union and recognized the referendum would ... Read More
A driver pumps petrol into his car at a petrol station in Brussels

Oil prices above $50, buoyed by U.S. stock draw

22/06/2016(0)
Oil prices rose in Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than ... Read More
A man looks at an electronic board showing the recent exchange rate between Japanese yen against the U.S. dollar and Japan's Nikkei average outside a brokerage in Tokyo

Asia shares rise, sterling steadies ahead of Brexit vote

21/06/2016(0)
Asian shares rose after a tentative start on Tuesday, cautiously extending a rally triggered by growing expectations that British voters will opt to remain in the European Union in ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil futures down on U.S. stockpile report, Brexit concern

16/06/2016(0)
Oil prices fell on Thursday, heading for a sixth session of declines, following a lower-than-expected draw on U.S. stockpiles and amid worries Britain might leave the European Union (EU). ... Read More
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