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Oil Prices

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

U.S. oil holds near seven-week high; OPEC upbeat on output curbs

22/02/2017(0)
Oil prices held near multi-week highs on Wednesday after OPEC signaled optimism over its deal with other producers to curb output to clear a glut that has weighed on ... Read More
oil markets

Biggest gasoline glut in 27 years could crash oil markets

21/02/2017(0)
Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising US oil production ... Read More
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Asia stocks consolidate recent gains; China shines

21/02/2017(0)
Asian stocks held ground on Tuesday though Chinese equities surged to a fresh 2-1/2 month high as domestic funds piled into financial counters on expectations the world’s second biggest ... 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 creep higher, but overshadowed by U.S. supply

20/02/2017(0)
Crude futures traded slightly higher on Monday, but the market struggled on signs that the U.S. oil production is on a steady uptrend, which could potentially thwart ongoing 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 firms as OPEC floats extended output cut; markets still bloated

17/02/2017(0)
Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang. Brent ... Read More
High-gas-prices

Oil prices steady on OPEC cuts, but record U.S. fuel stocks weigh

16/02/2017(0)
Oil prices held steady on Thursday, supported by ongoing supply cuts led by producer group OPEC, while rising fuel inventories and crude production in the United States dragged on ... Read More
oil-and-gas

Oil prices head lower after data shows spike in U.S. supplies

15/02/2017(0)
Crude oil prices pulled back on Wednesday, reversing gains made in the New York session on the heels of data showing a bigger-than-expected climb in U.S. supply. On the ... Read More
Oil_well

Oil rose on OPEC-led cuts, but market remains range-bound

14/02/2017(0)
Oil rose on Tuesday, supported by an OPEC-led effort to cut output, but rising production elsewhere kept prices within the narrow range that has contained them so far this ... Read More
Oil-prices-petrol-pump

What Kuwait forecast for oil prices

13/02/2017(0)
Kuwait says oil prices to rise with higher level of output deal compliance Kuwaiti oil minister Essam Al Marzouq said on Monday current oil prices were good and are ... 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 slip back; traders await OPEC report

13/02/2017(0)
Oil prices slip back; traders await OPEC report Crude futures slipped on Monday as investors booked profits ahead of a key data that would indicate the progress of an ... Read More
Broker Cyprus TopFX