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Oil Prices

oil-price-L-reuters

Oil prices running out of reasons to rally

10/01/2017(0)
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part ... Read More
Oil-prices-petrol-pump

Oil prices start the week lower after jump in U.S. rig count

09/01/2017(0)
Oil prices were lower early on Monday as drilling activities in the U.S. intensified last week, stoking concerns that the effort by global oil producers to curtail oversupply could ... Read More
A flame rises from a chimney at Taq Taq oil field in Arbil

Oil prices rise as markets eye OPEC, non-OPEC production cuts

03/01/2017(0)
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, ... Read More
european markets

European bourses started the last trading day of 2016 slightly in the red

30/12/2016(0)
European bourses started the last trading day of 2016 slightly in the red. The pan-European Euro Stoxx 600 was 0.06 percent lower with the major bourses trading in the red. ... Read More
Oil-prices-petrol-pump

Oil prices on track for greatest yearly percentage gain since 2009

30/12/2016(0)
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production ... Read More
job-hiring

Job hiring in UAE picks up pace, to rebound in 2017

29/12/2016(0)
After a prolonged slump, recruitment activity in the UAE started to pick up in the last quarter of the year, further strengthening expectations of a rebound in the job ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices step back as investors cash in on latest rally

28/12/2016(0)
Oil prices fell Wednesday as investors took profits on the heels of a rally, but trading remained thin. On the New York Mercantile Exchange, light, sweet crude futures for ... Read More
asia stocks

The dollar firmed against the yen

28/12/2016(0)
Asia stocks followed Wall Street higher on Wednesday, while the dollar firmed against the yen following the release of upbeat U.S. economic data overnight. Crude oil prices held large ... Read More
yen

Yen Breaks Winning Streak While Oil Extends Rally: Markets Wrap

27/12/2016(0)
Stocks in China and Japan fluctuate after economic data Crude advances for seventh day, longest stretch in four months The yen halted a four-day advance, while oil continued its ... Read More
oil

Oil prices fall as US inventories, Libya output weigh

22/12/2016(0)
Oil prices slipped in tepid Asian trading today, dragged down by an unexpected rise in US crude inventories last week and moves by Libya to boost output over the ... Read More
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