Oil Prices

oil - petrol - A man fills up his car

Oil down on U.S. stock build, record Saudi output

08/04/2015(0)
Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly build in U.S. stockpiles and as Saudi Arabia reported record output in March. The decline in ... Read More
oil-well

Saudis Raise Oil Pricing to Asia on Signs of Demand Growth

06/04/2015(0)
Saudi Arabia, the world’s largest crude exporter, raised pricing for all May sales to Asia, after the country’s oil minister said global demand was improving. State-owned Saudi Arabian Oil ... Read More
Brent Crude Oil

Oil retreats from large jump as focus returns to Iran talks

02/04/2015(0)
Oil prices fell on Thursday as attention returned to nuclear talks with Iran, with the prospects for a deal and an increase in Iranian crude exports helping to keep pressure ... Read More
oil-well

Oil extends losses as deadline for Iran nuclear deal looms

31/03/2015(0)
Oil futures extended losses on Tuesday, as Iran and six world powers ramped up the pace of negotiations to reach a preliminary deal that could ease sanctions and allow more Iranian ... Read More
ASIA - Tokyo Stock Exchange - image

Asia shares swing higher as China nears seven year high

30/03/2015(0)
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. Activity ... Read More
oil-well

Oil price ‘could fall to $30’ say trading experts

27/03/2015(0)
Oil prices continued their downward spiral Friday, falling more than $1, after a short-lived rally of around 5 percent the previous day, as concerns of a disruption to supplies ... Read More
Oil_well

Oil prices surge after Saudi air strikes in Yemen

26/03/2015(0)
Brent crude oil shot up nearly 6 percent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, but the benchmark later came off its high near $60 as ... Read More
rubles

Ruble Storms to 2015 Highs as Exporters Sell Off Foreign Currency

25/03/2015(0)
The Russian ruble rose to new 2015 highs on Wednesday, shrugging off a decline in oil prices as Russian exporters continued to sell forex to pay monthly taxes. At 08:00 GMT, the ruble was 0.8 percent stronger against ... Read More
West Texas Oil

Oil prices down as Opec remains stern about production levels

23/03/2015(0)
Oil prices declined further after Saudi Arabia’s oil minister said it is not the sole responsibility of Opec to raise oil prices in further indication that the biggest oil ... Read More
oil - petrol - A man fills up his car

Oil Slump Extends to a Fifth Week as Global Glut Seen Expanding

20/03/2015(0)
Oil trading near the lowest price in six years is headed for a fifth weekly drop amid signs the global supply glut is worsening. Futures were little changed in ... Read More
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