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oil prices

Commodity Capsule: Oil prices fell sharply on Monday

Commodity Capsule: Oil prices fell sharply on Monday

Mon, Oct 28, 2024

Oil prices fell sharply on Monday, to four week low, weighed by easing fears of a Middle East war after an Israeli strike against Iran, over the weekend

Brent crude fell by about 2.5%

Brent crude fell by about 2.5%

Tue, Oct 01, 2024

Brent crude slipped below $70, Brent crude fell by about 2.5%

Bad condition of Brent crude, till when will the prices of crude fall?

Bad condition of Brent crude, till when will the prices of crude fall?

Fri, Sep 27, 2024

Saudi attack on Brent Crude. Bad condition of Brent Crude! How long will the prices of Crude fall? When will there be stagnation in crude oil? And will crude oil slide? Know complete details in this video.

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Oil prices dip after reaching June highs following US crude stock draw

Oil prices dip after reaching June highs following US crude stock draw

Thu, Oct 06, 2016

Oil prices dipped on Thursday but remained near June highs reached the previous session when they were buoyed by a fall in US crude inventories. US West Texas Intermediate (WTI) crude oil futures were trading at $49.63 per barrel at 0051 GMT, down 20 cents from their last settlement.

Asian shares firm after U.S. service sector rebounds

Asian shares firm after U.S. service sector rebounds

Thu, Oct 06, 2016

Asian shares firmed on Thursday, encouraged by stronger U.S. economic data and a rise in oil prices, while growing prospects of a U.S. rate hike hit gold and the boosted the dollar to one-month highs versus the yen.

Rough times for Saudi retail as govt cuts bite

Rough times for Saudi retail as govt cuts bite

Wed, Oct 05, 2016

Diamonds glitter in the display cases of Saddam al-Yafae's shop, but the business has lost its sparkle.

Oil prices rise on report of US crude stock draw

Oil prices rise on report of US crude stock draw

Wed, Oct 05, 2016

Oil prices rose in early trading on Wednesday after a report that US fuel inventories may have fallen for a fifth straight week, but contracts remained near the $50 mark where many traders currently see fair value for crude.

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Tue, Oct 04, 2016

Oil prices dipped early on Tuesday, weighed down by a rise in Iranian exports that adds to a global supply overhang, although a planned OPEC-led supply cut later this year has lent crude some support.

Oil prices fall on high production despite planned OPEC output cut

Oil prices fall on high production despite planned OPEC output cut

Mon, Oct 03, 2016

Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output, with traders doubting the step was enough to rein in production that has exceeded consumption for the better part of three years.

Oil prices down on profit-taking after rising 7% in past two sessions

Oil prices down on profit-taking after rising 7% in past two sessions

Fri, Sep 30, 2016

NYMEX crude for November delivery was down 8 cents at $47.75. It settled up 78 cents on Thursday, after touching a one-month high of $48.32 earlier.

Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices

Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices

Thu, Sep 29, 2016

WTI was trading around $47 a barrel, after gaining more than 5 percent on Wednesday on OPEC`s planned output cut. [O/R]

Oil prices rise on surprise OPEC deal to curb output

Oil prices rise on surprise OPEC deal to curb output

Thu, Sep 29, 2016

Oil prices extended gains after rising nearly 6% on Wednesday after OPEC struck a deal to limit crude output.

Oil prices rise by 3% after surprise increase in US crude stocks draw

Oil prices rise by 3% after surprise increase in US crude stocks draw

Wed, Sep 28, 2016

Crude futures fell about 3% on Tuesday after Iran rejected an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply.

Asian shares rally as US Fed keep rates unchanged

Asian shares rally as US Fed keep rates unchanged

Thu, Sep 22, 2016

The yen had gained broadly after the BOJ`s shift to yield curve control

Bad days for national oil companies to continue, Fitch says

Bad days for national oil companies to continue, Fitch says

Wed, Sep 21, 2016

Most of the NOCs reported poor financial result for the first half or first quarter ended on June 30 due to a fall in average oil and gas prices from a year ago.

Oil prices rise on reported US crude stock draw, firm Japan import data

Oil prices rise on reported US crude stock draw, firm Japan import data

Wed, Sep 21, 2016

Traders said that the main WTI price driver had been American Petroleum Institute data showing a 7.5-million barrel draw to 507.2 million barrels in U.S. crude inventories, the third weekly stock draw.

Oil up as Venezuela sees output deal, Libya suffers clashes

Oil up as Venezuela sees output deal, Libya suffers clashes

Mon, Sep 19, 2016

Oil prices rose in Asian trade on Monday after Venezuela said that OPEC and non-OPEC countries were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted.

Oil prices drop on returning Libya, Nigeria supplies

Oil prices drop on returning Libya, Nigeria supplies

Fri, Sep 16, 2016

Oil prices fell on Friday on worries that U.S. rig counts would continue to rise and that returning Libyan and Nigerian exports would stoke a global supply glut.

Oil rises on smaller-than-expected build in U.S. crude stocks

Oil rises on smaller-than-expected build in U.S. crude stocks

Wed, Sep 14, 2016

Oil prices rebounded in Asian trade on Wednesday after falling by as much as 3 % in the previous session, as data from an industry group showed a smaller-than-expected build in U.S. crude stocks.

Global oil glut set to last at least until mid-2017: IEA

Global oil glut set to last at least until mid-2017: IEA

Tue, Sep 13, 2016

A global oil glut that has hurt producers but means cheaper pump prices for consumers looks set to go on at least six months longer than previously thought, the International Energy Agency said Tuesday.

Oil prices fall on profit taking, China data in focus

Oil prices fall on profit taking, China data in focus

Tue, Sep 13, 2016

Oil prices fell in early trade on Tuesday on concerns over increased drilling in the United States and as investors took profits after oil prices rose close to 1 percent in the previous session.

Oil prices fall as U.S. drillers add new rigs, speculators cut long positions

Oil prices fall as U.S. drillers add new rigs, speculators cut long positions

Mon, Sep 12, 2016

Crude prices fell over 1.5 % on Monday after U.S. oil drillers added rigs to look for new production as producers adapt to cheaper crude, with speculators cutting positions betting on further price rises.

Oil falls below $49 but set for weekly rise on OPEC hopes, US stocks

Oil falls below $49 but set for weekly rise on OPEC hopes, US stocks

Fri, Sep 09, 2016

Oil prices edged lower on Friday but were still set for their first weekly gain in three weeks after Russia and Saudi Arabia agreed to work together to help rebalance the markets and after a surprisingly large drawdown in US crude stocks.

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