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ReutersOPEC, non-OPEC to look at extending oil-output cut by six monthsReutersKUWAIT A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said
Admin 28.03.2017 0 55

ReutersOil drops to 3-month low, US erases all gains since OPEC output cutReuters"Oil prices have come under renewed pressure after the latest OPEC report showed a rise in global crude inventory despite the cartel deciding to curtail its output,"
Admin 15.03.2017 0 58

ReutersOil hits three-month lows as inventories continue to riseReutersLONDON Oil prices fell to three-month lows on Tuesday after OPEC reported that crude inventories in developed countries had risen above the five-year average in January despite producti
Admin 14.03.2017 0 64

ReutersOil edges off three-month lows, eyes on US inventoryReutersLONDON Oil prices recovered modestly from three-month lows on Tuesday, with concerns persisting about rising U.S. inventories and few clear signs that OPEC will extend supply curbs beyond Ju
Admin 14.03.2017 0 57

ReutersOil drops to lowest since OPEC deal, US crude below $50/bblReutersThe losses followed Wednesday's slide of more than 5 percent, the steepest in a year, after data showed crude stocks in the United States, the world's top oil consumer, swelle
Admin 10.03.2017 0 70

USDOE Finds Renewables Employed More Americans Than Oil and in Gas in 2016OilPrice.comA new report by the United States Department of Energy concludes that American renewable energy firms are creating more jobs than their fossil fuel counterparts. Solar an
Admin 14.02.2017 0 76

ReutersOil down 2 percent as dollar firms, OPEC compliance rate shrugged offReutersNEW YORK Oil prices declined on Monday by about 2 percent, the most since mid-January, pressured by a stronger dollar and signs of rising U.S. crude output. Investors were m
Admin 14.02.2017 0 65

ReutersOil falls as OPEC compliance report underwhelmsReutersLONDON Oil fell more than 1 percent on Monday after an OPEC report showing high compliance with last year's landmark production- cut deal underwhelmed investors while signs of rising U.S. cru
Admin 14.02.2017 0 69

ReutersOil falls on rise in US drilling, OPEC compliance caps lossesReutersU.S. oil drillers over the past month have added the most drilling rigs since 2012, bringing the total count to 591 rigs, the highest since October 2015, Baker Hughes said in its we
Admin 13.02.2017 0 84

ReutersOil falls on rise in US drilling, selling ahead of OPEC reportReuters"Bulls are liquidating ahead of the release of the monthly OPEC report due out shortly and yet another increase in U.S. rig counts is also playing part in the weakness,"
Admin 13.02.2017 0 73