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Reuters UKOil dips on US inventory build, defies OPEC-led cut effortsReuters UKLONDON Oil prices fell on Wednesday after industry data showed a surprise increase in U.S. crude inventories despite OPEC-led output cuts that Saudi Arabia and Russia want exten
Admin 17.05.2017 0 82

MarketWatchOPEC's strategy to buoy oil prices is all wrong, oil economist saysMarketWatchSpeaking at the International Petroleum Week in London earlier this week, Helm struck a decidedly dour outlook on the oil industry, arguing that history suggests p
Admin 25.02.2017 0 80

MarketWatchOil prices step back, with US rig count data aheadMarketWatchOn Thursday, oil prices got a boost from U.S. Energy Information Administration data that showed crude stockpiles there grew less than expected last week. West Texas Intermediate futur
Admin 24.02.2017 0 108

ReutersOil futures suggest bullish funds' big bet on price may pay offReutersFund managers now hold more Brent oil futures and options contracts than at any time on record, equivalent to some 480 million barrels of oil and nearly double the amount held
Admin 24.02.2017 0 69

ReutersOil down 2 percent on mixed Russian response to OPECReuters"Net, we find that an agreement to cut production, while increasingly likely, remains premature given the high supply uncertainty in 2017 and would prove self-defeating if it were to ta
Admin 12.10.2016 0 55

ReutersOil price falls back from one-year highs, hit by OPEC deal concernsReutersOil prices jumped as much as 3 percent on Monday, after Russia and Saudi Arabia both said a deal between the Organization of the Petroleum Exporting Countries (OPEC) and non-O
Admin 11.10.2016 0 71

Financial TimesOil record output underlines Opec's struggle to raise pricesFinancial TimesThe International Energy Agency has warned on the scale of the challenge facing Opec as it tries to raise oil prices, after the cartel's production hit a reco
Admin 11.10.2016 0 66

MarketWatchOil prices pull back after industry watchdog reports a jump in record outputMarketWatchThe IEA said global oil supply hit 97.2 million barrels a day in September, up 600,000 barrels a day compared to August, and 200,000 b/d higher year-on-year.
Admin 11.10.2016 0 62

ReutersOil falls from one-year highs as investors question OPEC dealReutersOil prices jumped as much as 3 percent on Monday, after Russia and Saudi Arabia both said a deal between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC me
Admin 11.10.2016 0 64
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