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ReutersOil prices bounce but stuck near 2017 lows on supply overhangReutersOil prices are more than 12 percent below where they were in late May, when producers led by the Organization of the Petroleum Exporting Countries (OPEC) extended for nine months a
Admin 16.06.2017 0 73

ReutersOil settles up before API reports surprise US crude buildReuters"Crude oil is still struggling to rebound," said Olivier Jakob, strategist at Petromatrix, adding that OPEC's gradual approach to rebalancing was giving U.S. producers tim
Admin 14.06.2017 0 62

ReutersOil edges down as OPEC sees market rebalancing at slower paceReutersLONDON Oil prices edged down on Tuesday after OPEC reported an increase in its production for May despite a supply cut agreement and said the oil market was rebalancing more slowly
Admin 13.06.2017 0 68

ReutersOil rises on Saudi pledge to make real supply cutsReuters"Crude oil is still struggling to rebound," said Olivier Jakob, strategist at Petromatrix, explaining that the cuts from Saudi Arabia would need to continue beyond summer to have a s
Admin 13.06.2017 0 56

ReutersOil rises on signs of US inventory declines, lower Saudi exportsReutersSaudi Arabia, the world's top oil exporter, will cut crude allocations to Asia in July to a total of about 300,000 barrels per day (bpd), deeper than in June, sources told Re
Admin 12.06.2017 0 78

Financial TimesIndia is Opec's litmus test on oil demand growthFinancial TimesRising US shale oil production has put short-term supply concerns centre stage as the oil market downturn enters its third year. But for Opec producers, worries about when de
Admin 12.06.2017 0 56

ReutersOil rises as investors buy into US crudeReuters"When you start to approach $45 a barrel in WTI, you're in an area where you do find some price support and I think there has been some evidence last week of investment flows coming back into c
Admin 12.06.2017 0 50

Reuters UKBurst in investor confidence in oil pushes up prices | ReutersReuters UKOil rose on Monday to break a three-day losing streak, after futures traders increased their bets on a renewed price upswing even though physical markets ...and more&nbs
Admin 12.06.2017 0 56

Moneycontrol.comAsian stocks in the red, oil prices dip as Qatar tension notedMoneycontrol.comOil prices erased earlier gains to edge lower. Prices had fallen almost 1 percent overnight following news that Saudi Arabia and other countries in the Middle Eas
Admin 06.06.2017 0 62

The Dark Side Of The Oil Tech BoomOilPrice.comIn the wake of the past years' oil slump, energy industries are looking for ways to increase profits while making oil production easier and cheaper. Though alternative energies continue to make gains, it&#3
Admin 06.06.2017 0 62