Oil Prices

Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil prices stable on strong Chinese imports, OPEC-led production cuts

10/02/2017(0)
Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market. Brent crude futures LCOc1, ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil rises after drop in U.S. gasoline stocks, but market remains bloated

09/02/2017(0)
Oil prices rose on Thursday, boosted by an unexpected draw in U.S. gasoline inventories, although bloated crude supplies meant that fuel markets remain under pressure. Brent crude futures LCOc1, ... Read More
Oil_well

Oil prices rise on the heels of sharp losses; production data ahead

07/02/2017(0)
Crude oil prices rose slightly on Tuesday, though investors are eagerly awaiting production and inventory data from the Organization of the Petroleum Exporting Countries. On the New York Mercantile ... 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 edge up on Iran tensions, but rising U.S. drilling caps gains

06/02/2017(0)
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and on concerns that new U.S. sanctions against Iran could be extended to ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil edges up on threat of U.S. issuing new Iran sanctions

03/02/2017(0)
Oil prices edged up on Friday on news that U.S. President Donald Trump could be set to impose new sanctions on multiple Iranian entities, firing geopolitical tensions between the ... Read More
A fuel tanker navigates near Cienfuegos Oil Refinery southeast of Havana

Oil prices dip as rising U.S. supplies offset OPEC cuts

01/02/2017(0)
Oil dipped on Wednesday, weighed down by ongoing high supplies despite an OPEC-led production cut, but prices remained within a narrow trading band that has been in place since ... Read More
High-gas-prices

Oil prices fall as rising U.S. output offsets OPEC-led cuts

31/01/2017(0)
Oil prices fell on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent ... 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 extends declines on rising U.S. output

30/01/2017(0)
Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could partly offset output cuts by OPEC and other producers. Uncertainty ... 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 dip as rising U.S. output offsets OPEC-led cuts

27/01/2017(0)
Oil prices dipped on Friday as rising crude output from the United States was offsetting efforts by OPEC and other producers to prop up the market by cutting supplies. ... Read More
Asia Markets

Yen Extends Slump on BOJ Move, Asian Stocks Advance: Market Wrap

27/01/2017(0)
Mexican peso slides for second day, gold’s decline contines Greenback still set for monthly drop despite recent gains The yen extended its biggest decline in a week and Japanese ... Read More
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