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Oil Prices

An oil pump is seen in Lagunillas

Asia markets rally after oil prices surge on OPEC production cut deal

29/09/2016(0)
The overnight rally in oil prices amid reports that oil producers finally agreed to cut production levels sent Asia markets higher on Thursday. Australia’s ASX 200 was up 1 percent in ... Read More
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OPEC Agrees to First Oil Output Cut in Eight Years

29/09/2016(0)
Oil club to cut output to as low as 32.5 million barrels a day Deal indicates Saudi Arabia and Iran resolved some differences OPEC agreed to the outline of ... Read More
An oil pump is seen in Lagunillas

Oil prices slip on profit-taking as investors await U.S. stockpile data

27/09/2016(0)
Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3 percent in the previous session. The dollar was also weighing on ... Read More
oil

Oil prices rise on trouble at Libya’s oil ports

19/09/2016(0)
Crude-oil prices recovered losses in early Asian trade on news that military conflicts in Libya had affected its oil exports over the weekend. The Petroleum Facilities Guards, a militia ... Read More
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Oil prices fall; market braces for Nigeria, Libya supply

16/09/2016(0)
Oil prices were lower in Asia trade on Friday as traders brace for an increase in oil exports from Libya and Nigeria, and the increase in U.S oil product ... Read More
Asian Shares

The British Pound strengthens; Asian Shares continue the fall; Yen Gains; Kiwi weakens; Oil below $44

15/09/2016(0)
Pound edges higher ahead of BOE policy meeting; kiwi weakens Hong Kong stocks advance, led by gains in Macau casinos A global equities selloff extended into Asian trading and ... Read More
asian trades

Asian stocks fall to six-week lows as bond rout intensifies

14/09/2016(0)
Asian stocks wallowed near six-week lows on Wednesday and the dollar stood strong against a broad swathe of currencies including the Japanese yen as concerns grew about the fading ... Read More
An oil pump is seen in Lagunillas

Oil prices fell on Tuesday on concerns over increased drilling in the United States

13/09/2016(0)
Oil fell on Tuesday following a series of gloomy predictions on demand growth that suggested the global overhang of unused inventories may persist for much longer than investors anticipate ... Read More
An oil pump is seen in Lagunillas

Oil extends gains after big U.S. crude stock draw

08/09/2016(0)
Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. ... 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 edges lower amid scepticism about output freeze

07/09/2016(0)
Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut. London Brent ... Read More
Broker Cyprus TopFX