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Oil Prices

High-gas-prices

Oil edges up on Libya disruptions, but bloated U.S. market still weighs

30/03/2017(0)
Oil prices edged up on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. crude inventories curbed gains. Prices for front-month ... 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 rises on Libyan supply disruptions, likely OPEC output cut extension

29/03/2017(0)
Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya and expectations that an OPEC-led output reduction will be extended into the second ... Read More
oil markets

Oil futures supported by weaker dollar, but bloated supply still weighs

28/03/2017(0)
Oil prices rose on Tuesday, supported by a weak dollar, but crude continued to be weighed down by surging U.S. production and uncertainty over whether an OPEC-led supply cut ... Read More
Oil-prices-petrol-pump

Oil prices recovered on Thursday

23/03/2017(0)
Oil prices recovered on Thursday from losses chalked up the session before, but the market remained under pressure as bloated U.S. crude inventories and rising output dampen OPEC-led efforts ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil prices fall on bloated U.S. crude storage

22/03/2017(0)
Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output. Prices for ... 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 drop on rise in U.S. drilling

20/03/2017(0)
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices mark time, set for small weekly rise

17/03/2017(0)
Oil prices were little changed in early Asian trade on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil prices extend gains after drop in U.S. stockpiles

16/03/2017(0)
Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed U.S. stockpiles had eased from record highs. Prices surged on Wednesday ... 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 jump after data shows surprise U.S. stock draw

15/03/2017(0)
Oil prices rebounded from three-month lows on Wednesday after industry data showed a surprise drawdown in U.S. crude stockpiles and as Goldman Sachs put a positive spin on OPEC‘s ... Read More
vat

Gulf countries companies may face challenges on VAT implepmentation

13/03/2017(0)
GCC corporates could face multiple VAT challenges in the short-run The plan to introduce value-added tax in GCC states could create operational risks for companies and put pressure on ... Read More
Broker Cyprus TopFX