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ReutersOil falls for third day as US inventories hit record highReutersCrude stockpiles in the United States, the world's top oil consumer, rose by 1.5 million barrels last week, less than forecast, but touching a record at 520.2 million barrels after
Admin 02.03.2017 0 87

MarketWatchOil creeps lower as crude supplies rise an 8th weekMarketWatchEarly Wednesday, the U.S. Energy Information Administration reported an increase of 1.5 million barrels in domestic crude-oil supplies for the week ended Feb. 24. Data from the govern
Admin 02.03.2017 0 56

ReutersOil sold out of tanker storage in Asia as market slowly tightensReutersSINGAPORE Traders are selling oil held in tankers anchored off Malaysia, Singapore and Indonesia in a sign that the production cut led by OPEC is starting to have the desired eff
Admin 24.02.2017 0 67

Len McCluskey calls for action to protect oil industryBBC NewsThe general secretary of the Unite union has called for the governments in both London and Edinburgh to do more to protect the UK's oil industry. Len McCluskey said the North Sea should get
Admin 08.01.2017 0 56

ReutersOil edges up; strong dollar, OPEC doubts make buyers cautiousReutersNEW YORK Oil rose slightly on Friday on futures buying, ending the week higher, but gains were limited by a strong U.S. dollar and lingering doubts about whether OPEC producers woul
Admin 07.01.2017 0 53

MarketWatchOil futures look to extend streak of gains to a fourth-consecutive weekMarketWatchOil futures headed higher in volatile trading Friday, with prices poised to extend their streak of weekly gains amid ongoing signs of compliance with a global pact
Admin 07.01.2017 0 70

ReutersOil prices fall on doubts over OPEC production cut complianceReutersBrent crude futures LCOc1, the benchmark for international oil prices, were trading at $57.75 per barrel at 1443 GMT (9:43 a.m. ET), down 14 cents from the previous close after trad
Admin 07.01.2017 0 60

ReutersOil prices post gains on OPEC hopes, but doubts lingerReutersThe Kingdom cut oil output in January by at least 486,000 barrels per day (bpd) to 10.058 million bpd, fully implementing an agreement by the Organization of the Petroleum Exporting Countr
Admin 06.01.2017 0 72

ReutersOil prices edge up on OPEC hopes, but doubts lingerReutersThe Kingdom cut oil output in January by at least 486,000 barrels per day (bpd) to 10.058 million bpd, fully implementing an agreement by the Organization of the Petroleum Exporting Countries
Admin 06.01.2017 0 83

ReutersOil prices dip on lingering doubts of supply cut commitmentsReuters"Since the OPEC cut announcement, oil prices are above the $54 per barrel level which we believe is the... cash breakeven for the sector in 2017," U.S. investment bank Jeff
Admin 06.01.2017 0 58