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Reuters.comOil stable as US crude inventories fall despite rising productionReuters.comOutside the United States, confident market sentiment has been fueled by an effort this year lead by the Organization of the Petroleum Exporting Countries (OPEC) and Rus
Admin 02.11.2017 0 85

ReutersOil hits highest since mid-2015 as OPEC sticks to supply dealReuters“We know how oil can easily run ahead of what is fundamentally justified and we've seen that in both directions in the last couple of years,” he said. “We really need to see dem
Admin 01.11.2017 0 153

ReutersOil prices surge as OPEC's compliance with cuts improvesReutersBrent futures, the international benchmark for oil prices, were at $61.32 per barrel at 0759 GMT, up 38 cents, or 0.6 percent, since their last close and near the $61.41 a barrel two
Admin 01.11.2017 0 81

ReutersBrent oil near two-year highs as OPEC's compliance with cuts improvesReutersBullish sentiment has been fueled by an effort this year lead by the Organization of the Petroleum Exporting Countries (OPEC) and Russia to hold back about 1.8 million b
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ReutersOil major BP leads FTSE higher as earnings roll inReutersBP said it will resume share buybacks after reporting a doubling in third-quarter profit in the clearest sign yet that the oil company is confident about a turnaround. “The turnaround in BP&#3
Admin 31.10.2017 0 80

ReutersOil prices stable as OPEC-led supply cuts tighten marketReutersBrent crude futures LCOc1, the international benchmark for oil prices, were at $60.84 per barrel at 0027 GMT. That was slightly below their last settlement, but close to the highest leve
Admin 31.10.2017 0 94

ReutersOil prices rise on expected extension of output cutsReutersConfidence in the oil market is evident in the way financial traders have positioned themselves. Hedge funds and other money managers raised their bullish wagers on U.S. crude futures and op
Admin 30.10.2017 0 80

ReutersOil markets stable on expected extension of output cutsReutersBrent crude oil futures, the international benchmark for oil prices, were at $60.40 per barrel at 0236 GMT, 4 cents above their last settlement but still close to their highest level sinc
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ReutersBP keen to develop Brazil oil blocks quickly: executiveReutersBP won two of the blocks in consortia, one with Brazil's state oil giant Petroleo Brasileiro (Petrobras) and another with Petrobras and a unit of Chinese state oil firm CNPC. “We will
Admin 28.10.2017 0 86

Financial TimesBrent oil above $60 level for first time since 2015Financial TimesBrent crude oil hit $60 a barrel on Friday for the first time in more than two years, in the latest sign the market is tightening after a three-year glut. The international oi
Admin 28.10.2017 0 85