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ReutersOil prices ease as speculators grow impatientReutersLONDON (Reuters) - Oil edged lower on Tuesday, as speculators took profits on some large positions that have built up in the last couple of weeks, but the prospect of gradually ebbing oversupply le
Admin 03.10.2017 0 82

Oil falls more than two percent on signs of higher outputReutersBut a Reuters survey on Friday found OPEC oil output rose last month, mostly because of higher production in Iraq and also Libya, an OPEC member exempt from cutting output. However, Libya'
Admin 02.10.2017 0 61

ReutersOil slips further below $57 after third-quarter rallyReutersLONDON (Reuters) - Oil dipped further below $57 a barrel on Monday as an increase in U.S. drilling and higher OPEC output put the brakes on a rally in which the market scored its biggest th
Admin 02.10.2017 0 64

RBZ unveils $10m loan facility for small-scale oil producersThe HeraldTHE Reserve Bank of Zimbabwe (RBZ) has unveiled a $10 million loan facility for the capacitation of small scale oil producers. This comes as the apex bank has been making recommendations
Admin 01.09.2017 0 96

Seeking AlphaEIA 914 Monthly Oil Production Report Once Again Contradicts The Shale Growth NarrativeSeeking AlphaEIA's June monthly oil production report shows 9.097 million b/d vs. the weekly estimate of 9.317 million b/d. This report once again illus
Admin 01.09.2017 0 104

Iraq's Solution To Lower For Longer Oil PricesOilPrice.comOPEC's second-largest oil producer, Iraq, has never hidden the fact that it wants to get the highest possible revenues from its oil. It even pleaded exemption from the cartel's cuts in t
Admin 01.09.2017 0 78

Are Libyan Oil Production Gains History?OilPrice.comIn addition to the negative repercussions of hurricane Harvey, which heavily impacted the Gulf of Mexico oil and gas production and petrochemical plants, global oil markets are facing disruptions from the
Admin 01.09.2017 0 81

Can Mexico Capitalize On This Golden Oil Opportunity?OilPrice.comAs the political and economic climate in Venezuela continues to deteriorate and oil output sinks to new lows, a production vacuum is opening up in the Caribbean. Seeing an opportunity to take
Admin 01.09.2017 0 70

ReutersAs oil prices weather storm, OPEC looks for long-term boost from HarveyReutersIn contrast with previous major hurricanes such as Katrina in 2005, Harvey has actually seen oil prices edge down as traders have focused more on the hit to demand from da
Admin 31.08.2017 0 66

Oil Edges Up as Harvey Disrupts US Crude FlowFox BusinessMoreover, since Harvey made landfall on Friday, the storm has knocked out about 4 million barrels a day of refinery activity around Houston and Texas, which has largely halted the processing of oil a
Admin 31.08.2017 0 74