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ReutersOil settles at two-week low on surprise US fuel stock riseReutersGasoline futures have clearly broken technical support levels and ULSD (diesel) futures are testing them,” said David Thompson, executive vice-president at Powerhouse, an energy-specia
Admin 06.12.2017 0 78

MarketWatchOil cuts losses by the finish as US crude supplies fall a third weekMarketWatchBut some analysts noted that the data were likely influenced by Hurricane Nate, which prompted the temporary shut in of as much as 85% of Gulf of Mexico oil productio
Admin 13.10.2017 0 89

Oil prices fall on higher US crude inventoriesReutersBrent crude oil LCOc1 was down 55 cents at $56.39 a barrel by 1230 GMT. U.S. light crude CLc1 was 70 cents lower at $50.60. Both benchmarks have risen more than 20 percent from their lows in June as worl
Admin 12.10.2017 0 115

Financial TimesOil pares losses after larger draw in US stocksReutersBrent crude oil LCOc1 was down 95 cents at $56 a barrel by 11:35 a.m. ET (1535 GMT). U.S. light crude CLc1 was down 92 cents to $50.38 a barrel. Both benchmarks have risen more than 20 pe
Admin 12.10.2017 0 157

Financial TimesOil slips, despite larger draw in US stocksReutersBrent crude oil LCOc1 was down 62 cents at $56.32 a barrel by 1:43 p.m. ET (1743 GMT). U.S. light crude CLc1 was down 67 cents to $50.63 a barrel. Both benchmarks have risen more than 20 perc
Admin 12.10.2017 0 118

ReutersOil slips despite expected OPEC extension of output cutsReutersThe OPEC-led deal helped lift oil from the $30 to $40 per barrel range in late 2016/early 2017. But traders say supplies remain ample despite these cuts, thanks in large part to surging
Admin 12.10.2017 0 103

ReutersOil prices slip despite expected OPEC extension of output cutsReutersThe OPEC-led deal helped lift oil from the $30 to $40 per barrel range in late 2016/early 2017. But traders say supplies remain ample despite these cuts, thanks in large part to su
Admin 12.10.2017 0 97

ReutersOil drops on rising US crude inventories, OPEC seen to extend cutsReutersIn Venezuela, an OPEC-member with huge oil reserves, an economic and political crisis is threatening production, and the government is also at loggerheads with the Trump admini
Admin 12.10.2017 0 87

Big Oil Is Planning to Produce at $50 ForeverMotley FoolIn this segment from Industry Focus: Energy, Motley Fool analysts Sean O'Reilly and Taylor Muckerman explain why and how these big oil players are cutting their production costs down, how this wil
Admin 10.08.2017 0 125

ReutersOil inches higher after data points to declining US inventoriesReutersNEW YORK (Reuters) - Oil prices edged higher on Wednesday after a report showed U.S. refineries processed record amounts of crude in the latest week, eating into inventories, alth
Admin 10.08.2017 0 69