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Oil Prices

The OPEC flag and the OPEC logo are seen before a news conference in Vienn

Oil prices climb on expectation of OPEC-led output cut

21/11/2016(0)
Oil prices rose by more than 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein in oversupply that has put pressure on ... Read More
Men fish near an oil refinery in Kawasaki

Oil prices fall as strong dollar wipes out OPEC cut optimism

18/11/2016(0)
Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures LCOc1 ... Read More
Brent Crude Oil

Oil prices pull back after another jump in U.S. supply

17/11/2016(0)
Oil futures were lower in Asian trade Thursday after weekly data showed another large increase in U.S. inventories of crude. On the New York Mercantile Exchange, light, sweet crude ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices extend rally, shrug off U.S. stock build

16/11/2016(0)
Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in U.S. crude stocks, and adding to gains of nearly 6 percent from the ... Read More
European-Stocks

European Stocks Set For Cautious Start As US Election Looms

08/11/2016(0)
European stocks are likely to open higher on Tuesday, although gains are likely to remain modest ahead of the U.S. presidential election. Roughly 120 million Americans will cast their ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices steady ahead of U.S. election, weak China data weighs

08/11/2016(0)
Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves for a win by Hillary Clinton in the U.S. presidential elections. U.S. West Texas ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices bounce back after week of sharp falls

07/11/2016(0)
Oil prices rose by over 1 percent on Monday, with traders citing opportunistic buying after sharp declines in the previous week that brought prices to their lowest since early ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices steady after five days of declines, but sentiment bearish

04/11/2016(0)
Oil prices edged up on Friday, stabilizing after five straight days of falls, although a surge in U.S. crude inventories and doubts over the ability of producers to coordinate ... Read More
saudi-arabia

Saudi Arabia may soon go bankrupt If no changes are made; Saudi experts

03/11/2016(0)
A two-year drop in oil prices has inflicted a dramatic blow to the economy of one of the world’s richest countries. If no changes are made, Saudi Arabia, according ... Read More
A pump jack is seen at sunrise near Bakersfield

Oil prices rise on Nigeria pipeline attack, weaker dollar

03/11/2016(0)
Crude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker U.S. dollar buoyed sentiment in the market, lifting prices from five-week lows. ... Read More
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