Brent

It#039s Not Record Oil Speculation That#039ll Drive Prices

It's Not Record Oil Speculation That'll Drive Prices

Speculators have piled back into oil since OPEC announced output cuts in November

It#039s not record oil speculation that’ll drive prices

It's not record oil speculation that’ll drive prices

culators have piled back into oil since OPEC announced output cuts in November

Facing multiple pressures, oil prices move lower

Facing multiple pressures, oil prices move lower

OPEC sees shale oil rising, while Europe sees short-term economic woes ahead

Middle East Crude Could Lose Market Share To U.S. Shale

Middle East Crude Could Lose Market Share To U.S. Shale

Flows of U.S. crude oil to Asia become more commercially profitable

 Oil prices increase in response to Trump#039s sanctions on Iran

Oil prices increase in response to Trump's sanctions on Iran

World oil prices increased on the background of the expansion of the US sanctions against Iran. As of 08:18 (MSK) the crude oil futures of WTI rose 0.35%, reaching $54.02. The price of a barrel of Brent crude rose by 0.35%% to …

Oil increases on worries over new US anti-Iranian sanctions

Oil increases on worries over new US anti-Iranian sanctions

Brent crude futures were up 30 cents to $56.86 a barrel by 1050 GMT, after settling 24 cents lower at $56.56 in the previous session. Brent was on track to gain more than 2% on the week, its first significant weekly rise this year. …

OPEC Cuts Oil Output

OPEC Cuts Oil Output

The Organization pumped 32.3 million barrels a day in January

Brent oil price raises above $57

Brent oil price raises above $57

The cost of the futures of Brent crude oil on London's ICE trading have risen by 0.94% to $57.05 per barrel. The last time the price of Brent crude rose above $57 per barrel was on January 6, 2017, TASS recalls. …

Market factors give boost to oil prices

Market factors give boost to oil prices

Underlying supply-side strains increase as oil markets recover

Oil Steady But US Drilling Weakens OPEC Deal

Oil Steady But US Drilling Weakens OPEC Deal

The world's oil producers are trying to comply with a deal to pump less in an attempt to prop up prices

Oil starts growing after yesterday#039s decline

Oil starts growing after yesterday's decline

World oil prices returned to positive dynamics after experiencing a decline yesterday. As of 08:00, the cost of the March futures of Brent crude oil on London's ICE trading increased by $0.28 (0.51%) to $55.51 per barrel, …

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