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Oil Prices

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OPEC rivals now allies in push for oil market share

30/11/2015(0)
Almost by accident, OPEC adversaries Saudi Arabia and Iran are about to work as a team. When the Saudi kingdom decided last year that OPEC should keep pumping to ... Read More
Oil_well

Brent crude dips on firm dollar ahead of OPEC meeting

30/11/2015(0)
Brent crude futures dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate hike strengthened the ... Read More
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Biggest Oil Buyers Pick Themselves as Winners From OPEC Meeting

27/11/2015(0)
OPEC to meet Dec. 4 in Vienna to discuss oil production target South Korean refiner sees `best time ever’ as buyer amid glut Oil buyers in Asia are sure ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Will Oil Prices Really Double in 2016?

26/11/2015(0)
High uncertainty in future oil prices has suggested that over the course 2016, oil prices could as much as double, or halve. Low oil prices over the course of ... Read More
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Brent down; U.S. oil up on stock, rig data in thin Thanksgiving trade

26/11/2015(0)
Brent crude oil futures eased but U.S. crude extended gains on Thursday on light trading due to the Thanksgiving holiday, after a smaller-than-expected inventory build in the United States ... Read More
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Oil prices rise after Turkey shoots down jet claimed by Russia

24/11/2015(0)
Oil prices rose on Tuesday after news that Turkey shot down what is likely to be a Russian jet over Syria and a softer U.S. dollar supported prices across ... Read More
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U.S. oil plunges more than 2 percent on supply glut woes

23/11/2015(0)
Crude futures lost ground in early Asian trading on Monday, with U.S. oil plunging over 2 percent on festering worries over a global supply surplus. U.S. crude’s West Texas ... Read More
oil-well

Oil Prices Slip on Bearish Inventory Data

20/11/2015(0)
$40 a barrel seen as a key level by market participants U.S. oil prices dipped below $40 a barrel several times Thursday, as heavy stockpiles continued to push crude ... Read More
Oil_well

Oil prices edge up on reports of falling inventories, but glut remains in place

18/11/2015(0)
Oil prices edged up on Wednesday following reports of falling stockpiles and rising refinery activity, but analysts said the market would remain under pressure for the rest of the ... Read More
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Saudi Arabia Preparing To Fuel Its $100 Billion Oil War With Debt

16/11/2015(0)
Saudi Arabia has probably spent around $100 billion of its foreign reserves by now to prosecute its war against American shale and other low-cost oil producers. The oil kingdom’s ... Read More
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