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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
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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

ReutersOil rises on weak dollar, Gulf tensions as producers set to meetReutersLONDON (Reuters) - Oil prices edged higher on a weaker dollar and diplomatic tensions in the Gulf, but Brent held below the $50 per barrel level that was breached for the first t
Admin 21.07.2017 0 55

ReutersOil nudges higher; Brent crude below $50 ahead of OPEC meetingReutersSINGAPORE (Reuters) - Oil prices edged up on Friday ahead of a key meeting of major oil producing nations next week, but Brent held below the $50 per barrel level that was briefly
Admin 21.07.2017 0 55

ReutersOil steady as Brent crude hovers below $50 ahead of OPEC meetingReutersSINGAPORE (Reuters) - Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, with Brent sitting below the $50 per barrel level
Admin 21.07.2017 0 54

ReutersOil up almost 2 percent on weaker dollar, short-coveringReutersIt was the fourth straight session of gains for oil, which also got some support after the chief executive of U.S. shale oil producer Pioneer Natural Resources Co (PXD.N) said Saudi Arab
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ReutersOil prices up 2 percent on weaker dollar, short coveringReutersTim Evans, Citi Futures' energy futures specialist, said in a note that oil's upswing was "a technical correction after the declines of the past five weeks" helped alon
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ReutersOil prices up on weaker dollar, but supply glut caps gainReutersLONDON Oil prices rose for a fourth consecutive session on Tuesday boosted by a weaker dollar but worries over persistent oversupply capped gains. Brent crude futures LCOc1, the interna
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