Brent

Oil prices edge up

Oil prices edge up

World oil prices returned to positive dynamics lifted by reports of Saudi supply cuts to Asia. As of 08:48 (MSK), prices for March futures for Brent oil rose by 0.15% to $53.72 per barrel, the February futures price for WTI crude oil …

Oil Prices Fall On Concerns Of Rising US Production

Oil Prices Fall On Concerns Of Rising US Production

Most analysts see tighter-than-previously-envisaged balances for 2017

Ruble grows amid growing oil

Ruble grows amid growing oil

Oil prices, after falling the day before, began to recover gradually due to a thorough implementation of the agreement on the production cuts. Thus, the March futures for Brent crude oil on London's …

 Brent above $58 per barrel for first time in 18 months

Brent above $58 per barrel for first time in 18 months

Brent crude oil rose above $58 per barrel for the first time since July 15, 2015. The prices of March futures for Brent oil have risen by 1.74% to $58.09 per dollar on the ICE Exchange in London, TASS reports. …

Iraq commits to OPEC cuts

Iraq commits to OPEC cuts

Platts says expectations are high that markets will balance out next year

Oil Prices Rise On Expected Decline In US Crude Stocks

Oil Prices Rise On Expected Decline In US Crude Stocks

OPEC is shielding most of its Asian customers from the planned cuts

Dollar#039s post-Fed rally pauses

Dollar's post-Fed rally pauses

U.S. stocks dipped on Friday

Supplies, Fed rate drag oil prices lower

Supplies, Fed rate drag oil prices lower

Some of the OPEC exemptions, and U.S. shale resiliency, may be spoiling the party.

Oil Retreats From 17-Month High After Reported U.S. Supply Gain

Oil Retreats From 17-Month High After Reported U.S. Supply Gain

Oil has risen about 17 percent since the Organization of Petroleum Exporting Countries agreed Nov. 30

Harold Hamm: US oil production unlikely to rise much through all of 2017

Harold Hamm: US oil production unlikely to rise much through all of 2017

Chairman and CEO of energy group Continental Resources on oil prospects

Doubts to end global glut grow stronger

Doubts to end global glut grow stronger

Oil prices have continued to fall amidst growing doubts that the production-cut agreement between OPEC countries may not be effective to end global glut. North Sea Brent crude LCOc1 fell by 30 cents per barrel to $53.63 while the US light …

Oil prices rise sharply as OPEC reaches agreement

Oil prices rise sharply as OPEC reaches agreement

World oil prices have risen sharply after the OPEC decision to limit the level of oil production by 1.2 million barrels per day to 32.5 million.  The Agreement will be effective from January 1, 2017. As of 08.51 am (MSK), the …

 World oil prices start to decline

World oil prices start to decline

Oil prices on world exchanges started dropping. The prices of January futures for Brent oil have dropped by 3.40% to $46.60 per dollar on the ICE Exchange in London, Gazeta.ru reports. The January futures for WTI oil declined …

Oil up in choppy trade as OPEC makes last-ditch bid to save deal

Oil up in choppy trade as OPEC makes last-ditch bid to save deal

Oil prices gained more than 2 percent on Monday in volatile trading after falling as much as 2 percent, recouping losses as the market reacted to the shaky prospect of major producers being able to agree output cuts at a meeting on Wednesday, …

Talks between OPEC and non-OPEC oil exporters canceled

Talks between OPEC and non-OPEC oil exporters canceled

Today the group is holding another internal meeting to try to resolve its own differences

Oil prices slightly decline

Oil prices slightly decline

Oil prices declined today against the background of a strengthening dollar. The prices of January futures for Brent oil fell by 0.8% to $48.62 per dollar on the ICE Exchange in London, as of 07:50 (MSK). The December …

Oil prices edge up ahead of OPEC meeting to discuss output cuts

Oil prices edge up ahead of OPEC meeting to discuss output cuts

Market activity was low because of the U.S. Thanksgiving holiday

Oil declines awaiting OPEC meeting

Oil declines awaiting OPEC meeting

The decline in world oil prices is associated with investors' uncertainty on possible results of the meeting of OPEC member and non-member countries. As of 20:40 MSK, the price for January futures of Brent crude …

Oil Rises as OPEC Delegate Says Everyone ‘On Board’ for a Deal

Oil Rises as OPEC Delegate Says Everyone ‘On Board’ for a Deal

OPEC members have made progress toward completing a deal to cut output

Brent price raises above $48

Brent price raises above $48

During today's trading the price of Brent crude rose above $48 for the first time since November 2. As of 16:35 (MSK) futures for Brent with delivery in January rose to $48.09 per barrel (2.62%). …

The end of two-year policy of pumping without limits?

The end of two-year policy of pumping without limits?

OPEC, Russia expand diplomatic push to secure oil-cuts deal

Another Oil Crash Not Likely

Another Oil Crash Not Likely

The probability of another drastic collapse in oil prices is low, Nabiullina says

 Oil prices increasing

Oil prices increasing

World oil prices are rising, according to electronic tradings on the London and New York stock exchanges. The December futures for WTI oil gained $0.56% and reached $45.23 per barrel at the New York Mercantile …

US elections cause decline in Brent price

US elections cause decline in Brent price

Oil prices tumbled on Wednesday as vote counting showed Donald Trump edging close to winning the US presidential election, throwing world markets into turmoil. US West Texas Intermediate (WTI) futures fell to a session …

Oil Prices Rise Ahead of U.S. Election

Oil Prices Rise Ahead of U.S. Election

A bearish forecast could provide a headwind for prices as well as heap even more pressure on the OPEC countries

Oil prices rise after Opec agrees on long-term strategy

Oil prices rise after Opec agrees on long-term strategy

The glut that has kept a lid on prices is not draining away as fast as the oil bulls would like.

Oil prices stumble along with OPEC production proposal

Oil prices stumble along with OPEC production proposal

Getting all the oil players in line behind a single move might require Herculean effort

World oil prices drop

World oil prices drop

World oil prices are decreasing. According to today's data, on the London ICE Futures Exchange, futures for Brent crude oil for December delivery decreased by 1.41% to 49.81 dollars per barrel. December futures on light crude …

Brent price rises above $52 per barrel

Brent price rises above $52 per barrel

US crude hit a more than one-year high on Wednesday after government data showed crude stockpiles declined for the sixth time in seven weeks as refinery activity fell and the country imported less crude. Benchmark Brent crude futures …

Increase in number of US oil rigs makes oil cheaper

Increase in number of US oil rigs makes oil cheaper

Oil prices have dropped on the background of the decision of US companies to increase the number of active rigs, as well as strengthening of the US exchange rate against world currencies. As of 08:30 MSK the cost of the November …