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Oil Prices

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 retreat on expectations for a big jump in U.S. supply

02/11/2016(0)
Crude-oil futures retreated in early Asian trade Wednesday on expectations that U.S. crude inventories were bolstered significantly last week, exacerbating the global glut that has kept prices in the ... Read More
oil-price-L-reuters

Russia & Saudi Arabia agree to stabilize oil market

25/10/2016(0)
Moscow and Riyadh have found common ground on a possible agreement with OPEC and a plan to stabilize oil prices after a meeting in the Saudi capital. Russian Energy ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices drop as Iraq says doesn’t want to join OPEC cut

24/10/2016(0)
Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, ... Read More
kuwait-oil-minister

Kuwaiti official expects oil prices be between $50 and $60 over the next 10 to 15 months

20/10/2016(0)
Kuwait’s finance minister and acting oil minister, Anas al-Saleh, said on Monday he was optimistic that an understanding on production “at least” would be reached between producers at an ... Read More
Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing

Oil prices dip after strong rally, but sentiment remains confident

20/10/2016(0)
  Oil prices dipped on Thursday on profit taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut ... Read More
Markets-Japan-Stocks

Asian Stocks Rise With U.S. Futures, Mexican Peso After Debate

20/10/2016(0)
Oil near 15-month high on surprise drop in U.S. stockpiles Aussie weakens on jobs data; euro steady ahead of ECB meeting Asian stocks rose with U.S. equity index futures ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil rises on reported US crude inventory draw, expected OPEC cut

19/10/2016(0)
Oil prices rose early on Wednesday, pushed up by a report of a fall in U.S. crude inventories and an OPEC statement saying a planned production cut was achievable, ... Read More
australian_dollars

Why Oil Prices Are Bothering the AUD

17/10/2016(0)
Historically, there hadn’t been much of a strong correlation between crude oil and the Australian dollar, whether it’s a positive or negative one. These days, however, the rise in ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices fall on rise in U.S. drilling, strong dollar

17/10/2016(0)
Oil prices fell early on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic ... Read More
People walk behind the logo of SoftBank Corp in Tokyo

Saudi Arabia, SoftBank aim to be world’s No. 1 tech investor with $100 billion fund

14/10/2016(0)
Saudi Arabia and Japan’s SoftBank Group (9984.T) will create a technology investment fund that could grow as large as $100 billion, making it one of the world’s largest private ... Read More
Broker Cyprus TopFX