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ReutersOil dodges bears, climbs back toward $52 per barrelReutersLONDON (Reuters) - Oil shook off a raft of bearish headlines on Wednesday, as investors and traders took advantage of earlier losses and pushed the price back toward $52 and this week's e
Admin 02.08.2017 0 56

Financial TimesOpec's purple patch does not mean the oil battle is wonFinancial TimesAfter promising earlier this year to do “whatever it takes” to rebalance the oil market, Saudi Arabia, Opec's de facto leader, said this week it would cut oil expo
Admin 27.07.2017 0 59

Nigeria To Shake Off The Shackles Of OilOilPrice.comNigeria is now saying that “era of oil booms” may be over—for good. According to its national petroleum policy approved this week by the federal executive council, the country plans to cut its oil explora
Admin 27.07.2017 0 67

ReutersOil jumps to near eight-week high after big draw in US crude stocksReutersNEW YORK (Reuters) - Oil prices rose to near eight-week highs on Wednesday, with Brent crude futures at over $50 a barrel, as a fall in U.S. inventories bolstered expectations
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ReutersOil prices rise as falling US inventories stoke rebalancing hopesReutersLONDON (Reuters) - Oil prices firmed on Wednesday, holding near eight-week highs, as a fall in U.S. inventories bolstered expectations that the long-oversupplied market was movi
Admin 26.07.2017 0 66

ReutersBrent oil climbs above $50 for first time since early JuneReutersLONDON (Reuters) - Brent crude oil rose above $50 per barrel for the first time since early June on Thursday, adding to gains made the previous session when falling U.S. crude and oil
Admin 20.07.2017 0 55

Oil hits session highs as EIA reports a third-straight weekly drop in US crude suppliesMarketWatchOil prices extended their earlier gains Wednesday to hit fresh session highs after data from the U.S. Energy Information Administration showed that domestic c
Admin 19.07.2017 0 75

ReutersStrong gasoline demand lifts oil, but high OPEC supplies temper gainsReutersLONDON (Reuters) - Oil rose on Wednesday, supported by strong demand for gasoline, but rising output from OPEC producers revived concerns about a persistent overhang of exce
Admin 19.07.2017 0 64

MarketWatchOil prices edge higher ahead of US inventory updateMarketWatchThe resilience of the U.S. oil industry has been a concern for the Organization of the Petroleum Exporting Countries, the global oil cartel that controls over 40% of the world's c
Admin 19.07.2017 0 64

The Desert SunA man nearly killed himself and his girlfriend while making honey oil, and the DA wants it to stopThe Desert SunThe explosion was traced to the honey oil manufacturing, a dangerous process that authorities are trying to end following a series
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