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Oil Prices

A motorist holds a fuel pump at a Gulf petrol station in London

Oil prices rise on weaker dollar, optimism on output cuts

22/12/2016(0)
Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism that crude producers would abide by an agreement to curb output to ... Read More
A fuel pump assistant fills cars with petrol at Budaiya Fueling Station west of Manama, Bahrain

Oil prices rise as planned oil production cuts start to materialize

16/12/2016(0)
Oil prices rose on Friday after Kuwait appeared to be lining up bigger supply cuts than had been initially expected from January as part of a coordinated effort by ... Read More
saudi-arabia

Saudi Arabia’s 2017 budget may partly solve huge deficit problem

15/12/2016(0)
Saudi Arabia’s budget next year is likely to reveal the kingdom has managed to reduce its massive deficit faster than economists predicted. That may allow Riyadh to increase spending ... Read More
oil

Oil prices fall on rising U.S. crude stocks, OPEC output concerns

14/12/2016(0)
Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially ... Read More
oil-price-L-reuters

Oil prices stable, supported as output cuts hit market

13/12/2016(0)
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a ... Read More
High-gas-prices

Oil prices soar on global producer deal to cut crude output

12/12/2016(0)
Oil prices shot to their highest levels since mid-2015 on Monday after OPEC and other producers reached their first deal since 2001 to jointly reduce output in order to ... Read More
oecd logo

G20 merchandise trade growth remains sluggish in Q3 2016

07/12/2016(0)
Growth in G20 total international merchandise trade, seasonally adjusted and expressed in current US dollars, slowed in the third quarter of 2016. G20exports fell marginally, by 0.1%, compared to a ... Read More
oil

Oil slips on doubts that output cut will be deep enough to end glut

07/12/2016(0)
Oil prices slipped on Wednesday on persistent doubts whether a planned crude production cut led by OPEC and Russia would be deep enough to end a supply overhang that ... Read More
investment-ideas-2017

The top 10 investment ideas for 2017

05/12/2016(0)
In 2017, we face a polarized political environment. The likes of Brexit, the U.S. election result, and key upcoming votes in Europe are likely to make investors more uncertain, ... Read More
A pumpjack drills for oil in the Monterey Shale

What the OPEC Production Cut Will Really Mean for Oil Prices

01/12/2016(0)
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some ... Read More
Broker Cyprus TopFX