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oil

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 futures up slightly, face weekly decline as glut fears persist

22/07/2016(0)
Crude oil futures eased on Friday, extending big falls in the previous session as investors reassessed U.S. data underlining the glut in petroleum, while Iraqi crude exports are also ... Read More
gas pipeline

Turkey coup attempt: No immediate impact on oil and gas flows, but long-term concerns raised

18/07/2016(0)
A failed coup attempt launched late Friday by Turkish army officers has had little or no impact on oil and gas flows through Turkey, industry officials told Platts. Some ... 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 falls on glut fears, but China data curbs losses

15/07/2016(0)
Crude futures dipped in Asian trading on Friday on renewed concerns about a global oil glut, but losses were capped by slightly better than expected Chinese economic data reflecting ... Read More
asian markets

Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains

14/07/2016(0)
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil near two-month low on economic woes; drillers adjust to lower prices

11/07/2016(0)
Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia. Brent crude was trading at ... Read More
markets

Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls

11/07/2016(0)
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil Trims Weekly Drop as U.S. Production Falls Most Since 2013

08/07/2016(0)
U.S output fell 2.3%, stockpiles slide 7th week, EIA reports Stockpile decline was less than forecast, API report Oil trimmed its biggest weekly decline in five months as investors ... Read More
Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city

So how big are Saudi Arabia’s oil reserves, really?

07/07/2016(0)
“How much oil lies beneath the desert sands of Saudi Arabia and how long will it last before running out?” is a question that has intrigued and confounded oil ... Read More
markets

Asian Shares Retreat With Commodities as Haven Demand Boosts Yen

05/07/2016(0)
Aussie falls as RBA leaves key rate unchanged; yen advances Nickel slides from eight-month high as Brent crude below $50 Asian stocks dropped for the first time in a ... Read More
russian oil

Russian Oil Exports Set for Record as Europe Competition Grows

04/07/2016(0)
Exports rose 4.9% in six months to 5.55 million barrels a day Iran also boosts supplied to region after sanctions lifted Russian crude exports are on track to set ... Read More
Broker Cyprus TopFX