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Brent crude

A petro-industrial factory is reflected in a traffic mirror in Kawasaki near Tokyo

Oil hovers near eight-month highs on U.S. inventory draw

08/06/2016(0)
Oil prices rose for a third day to their highest in about eight months on Wednesday, helped by industry data showing a larger-than-expected drawdown in U.S. crude inventories, worries ... Read More
iran-oil

Opec: No Deal Amid Saudi-Iran Stand-Off

02/06/2016(0)
Oil prices have remained flat in early Asian trading, as investors await the outcome of today’s Opec meeting in Vienna. Early this morning, Brent crude was trading at just ... Read More
A man riding on a bicycle looks at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo

Asian stocks mostly higher; Chinese markets jump more than 2%

31/05/2016(0)
Asian markets were mostly higher on Tuesday, with Chinese mainland markets up more than 2 percent and Japan shares rising after better-than-expected economic data. Chinese mainland markets soared on ... Read More
Asian stocks

Asian Stocks Extend Global Rally as Oil Regains $50; Yen Climbs

26/05/2016(0)
Crude Rises on falling U.S. oil stocks, supply disruptions Norwegian krone, Malaysian ringgit strengthen; gold rebounds Energy producers led stocks higher in Asia and the currencies of oil-exporting nations ... 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
An oil pump jack can be seen in Cisco, Texas

Oil prices reach six-month high on latest surge

18/05/2016(0)
Oil prices continued to surge on Tuesday, reaching a six-month high. The price of a barrel of Brent Crude reached just short of $49.50 on Tuesday morning. Meanwhile, US benchmark ... Read More
A worker grabs a nozzle at a PTT gas station in Bangkok

Oil prices jump as Goldman Sachs says market flips into deficit

16/05/2016(0)
Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply following global oil disruptions and flipped ... Read More
oil

Iran, Saudi in oil price war

12/05/2016(0)
It’s war, then. Iran on Wednesday blamed its biggest rival Saudi Arabia for the “collapse” of the recent Doha talks on capping oil output but the Kingdom appeared to shrug off the ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices fall as Canada oil sand fields gradually return

12/05/2016(0)
Oil prices fell on Thursday, dragged down by the gradual return of Canadian oil sands output, reversing a sharp rise the previous day when the U.S. government detailed an ... Read More
An oil pump jack can be seen in Cisco, Texas

Oil dips on record U.S. inventories; Canada output to improve soon

11/05/2016(0)
Oil prices dipped on Wednesday as Canadian oil sand production was expected to gradually ramp up following forced closures due to wildfires, and as record crude inventories especially in ... Read More
Broker Cyprus TopFX