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Oil Prices

FILE PHOTO: A worker walks atop a tanker wagon to check the freight level at an oil terminal on outskirts of Kolkata

Oil prices rose

26/01/2017(0)
Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil eases on rising U.S. inventory, market looks to EIA data

25/01/2017(0)
Oil edged lower on Wednesday as expectations of an increase in U.S. inventories weighed on the market, offsetting bullish momentum from output cuts announced by OPEC and other producers. ... Read More
China-Oil-Prices_Hays

Oil prices edge up on market caution over OPEC cuts

23/01/2017(0)
Oil prices are edging up in Asia on Monday after the Organization of the Petroleum Exporting Countries said it was near its target of cutting 1.8 million barrels of ... Read More
ship oil

Oil prices rise amid weaker dollar, optimism over market tightening

20/01/2017(0)
Crude futures gained traction on Friday, driven by a weaker U.S. dollar and signs of the market tightening after major oil producers agreed to cut output. On the New ... Read More
An oil pump is seen in Lagunillas

Oil Resumes Advance as Report Shows U.S. Crude Stockpiles Drop

19/01/2017(0)
Nationwide supplies fell 5.04 million barrels last week: API OPEC making “tremendous efforts” to reduce output: Barkindo Oil resumed gains after the biggest drop in more than a week ... Read More
Oil-prices-petrol-pump

Oil rises on weaker dollar, U.S. production outlook caps gains

18/01/2017(0)
Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. U.S. West Texas Intermediate (WTI) ... 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 mixed on Saudi commitment to cut output, investor scepticism

17/01/2017(0)
Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held ... 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 weaker dollar, expected crude output cuts

16/01/2017(0)
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global ... Read More
High-gas-prices

Oil prices stumble after strong jump in U.S. crude stocks

12/01/2017(0)
Crude prices slipped Thursday after data showed a stronger-than-expected increase in U.S. crude and distillate fuel stocks at a time when oil exports out of the Middle East are ... Read More
Oil-prices-petrol-pump

Oil prices edge up on reports of Saudi supply cuts, but details murky

11/01/2017(0)
Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of ... Read More
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