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ReutersOil edges up after Iraq urges extension of OPEC cutsReutersNEW YORK Oil prices reversed course on Monday, edging up after Iraq's oil minister said OPEC would likely need to extend its production cuts into the second half of 2017. The market has
Admin 07.03.2017 0 67

Crude Oil Prices May Struggle to Rise as Inventories SwellDailyFXMeanwhile, oil prices may stumble as official EIA weekly inventory flow data comes across the wires. An increase of 1.63 million barrels is expected. A private-sector estimate from API publis
Admin 01.03.2017 0 62

ReutersOil prices slip as rising US supplies offset OPEC cutsReutersU.S. crude stockpiles have been rising for seven consecutive weeks, and forecasts of an eighth build of 2.9 million barrels last week fueled worries that demand growth may not be sufficien
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ReutersOil prices fall 1 pct as rising US supplies offset OPEC cutsReutersU.S. crude stockpiles have been rising for seven consecutive weeks, and forecasts of an eighth build of 2.9 million barrels last week fueled worries that demand growth may not be suf
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ReutersOil prices fall 1 percent, rising US supplies offsets OPEC cutsReutersThe Organization of the Petroleum Exporting Countries has so far surprised the market by showing record compliance with oil-output curbs, and could improve in coming months as the
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ReutersOil rises modestly in tight trade, boosted by OPEC hopesReutersCrude futures were initially bolstered after sources said the Organization of the Petroleum Exporting Countries (OPEC) may consider extending its oil supply-reduction pact with non-membe
Admin 17.02.2017 0 56

ReutersOil down 1 percent despite news OPEC could extend output cutReutersCrude futures rose earlier after sources said the Organization of the Petroleum Exporting Countries may consider extending its oil supply-reduction pact with non-members and might ev
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ReutersOil rises on supply cuts, record China demand forecastReutersOil prices have stayed in a range in the last month-and-a-half, with buyers encouraged by news of output cuts by major world producers but wary of past tendencies by these nations to produ
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ReutersOil rises 2 percent amid expected draw in US crude inventoriesReutersOil companies likely drew down inventories in the final week of the year for tax-related reasons, which could lead prices to spike after the government's inventory data is rele
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ReutersOil slips towards $47 as output hopes waneReutersSaudi Arabia and Russia agreed on Monday to cooperate in world oil markets, prompting Brent crude to jump almost 5 percent only for it to pare gains after Saudi Energy Minister Khalid al-Falih said th
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