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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 0 135

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 0 117

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 0 109

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 0 102

Cheap oil is here to stay, although new Iran sanctions pose risk: FGEReutersSINGAPORE (Reuters) - Oil prices will remain relatively low in the next year or two as supplies remain ample despite ongoing cuts by OPEC, although potential new sanctions by the U
Admin 11.10.2017 0 152

Syria DirectUS-backed forces battle IS for Deir e-Zor province's oil-rich eastSyria DirectAMMAN: US-backed Syrian Democratic Forces battled Islamic State forces in rural eastern Deir e-Zor on Sunday, SDF officials told Syria Direct, as the forces appea
Admin 01.10.2017 0 152

ReutersOil drops to 10-month low; biggest first-half slide in 20 yearsReutersOil prices ran up in late 2016 and in early 2017 in response to OPEC's efforts, but several weeks of surprising inventory figures shifted sentiment among speculators, who have
Admin 22.06.2017 0 76

ReutersOil headed for weakest first-half performance in two decadesReutersSo far this year, oil has lost 20 percent in value, its weakest performance for the first six months of the year since 1997. Compliance with an agreement by the Organization of the P
Admin 21.06.2017 0 135

ReutersOPEC ponders how to co-exist with US shale oilReutersThe history of the relationship between OPEC and the U.S. shale oil industry has evolved a great deal since the cartel discovered it had a surprise rival emerging in a core market for its oil arou
Admin 26.05.2017 0 94

ReutersOPEC meets to extend oil output cut, fight global glutReutersVIENNA OPEC and non-member oil producers began talks in Vienna on Thursday to extend output cuts, most likely by nine months, in an effort to clear a global stocks overhang and prop up cru
Admin 25.05.2017 0 85