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Oil Prices

An oil pump jack can be seen in Cisco, Texas

Oil prices retreat from $50 on oversupply concerns, stronger dollar

27/05/2016(0)
Oil futures slipped in Asian trade on Friday after hitting resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to ... Read More
asian markets

HSI, Nikkei lead gains as most Asian markets advance

25/05/2016(0)
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 ... Read More
oil-price-L-reuters

Oil prices fall as dollar gains, but possible stock drawdown supports

24/05/2016(0)
Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles. Brent futures ... Read More
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota

Oil prices dip on strong dollar, firm global supply

23/05/2016(0)
Oil prices slipped in Asian trade on Monday on a strong dollar and signs that global crude supply is holding up even as volumes hit by unplanned outages rise ... Read More
High-gas-prices

Europe to follow Asia’s lead with mixed open; Bayer puts in $62 billion Monsanto bid

23/05/2016(0)
  European stocks are expected to open mixed on Monday following a mixed start to the week in Asia after weak Japanese export data and a dip in oil ... Read More
Worker grabs a nozzle at a petrol station in Tehran

Oil prices rise as turmoil in Nigeria adds to global supply disruptions

20/05/2016(0)
Oil prices rose in early trading on Friday as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, ... Read More
asia stocks

Asian stocks get a lift from higher oil prices

20/05/2016(0)
A bounce in oil prices supported major Asian benchmark indexes on Friday, though the prospect of higher U.S. interest rates again weighed on some markets in the region. China-related ... Read More
An oil pump jack can be seen in Cisco, Texas

Oil prices reach six-month high on latest surge

18/05/2016(0)
Oil prices continued to surge on Tuesday, reaching a six-month high. The price of a barrel of Brent Crude reached just short of $49.50 on Tuesday morning. Meanwhile, US benchmark ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Kuwait calls on Iran to join oil production freeze plan

16/05/2016(0)
Kuwait has called on Iran to join an oil production freeze plan after major producers failed to agree on keeping output at current levels. The freeze scheme, spearheaded by ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Goldman Sachs says oil’s biggest problem could be over— and now crude is on a charge

16/05/2016(0)
The price of oil is surging on Monday morning thanks to a production disruption in Nigeria, continued worries about the amount of crude Venezuela will be able to produce ... Read More
Broker Cyprus TopFX