WTI

 Oil prices whipsaw in wild trading as potential holdout Iraq supports OPEC deal

Oil prices whipsaw in wild trading as potential holdout Iraq supports OPEC deal

However, there is no any objection from OPEC members to a nine-month extension

 Oil prices rise on hopes output cuts to be extended

Oil prices rise on hopes output cuts to be extended

Oil futures rose to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in crude, with key benchmarks heading for a second week of gains. As of 08:18 (MSK) the …

Oil prices, up 13% in only seven days, can extend their gains

Oil prices, up 13% in only seven days, can extend their gains

Russia is on board with production cuts as seasonal supply declines are nearing

Oil wipes out OPEC-inspired gains with break below $50/bbl

Oil wipes out OPEC-inspired gains with break below $50/bbl

OPEC isn't the most important player in the market any more

OPEC deal does not save oil - oil prices hit bottom

OPEC deal does not save oil - oil prices hit bottom

The cost of the July futures of Brent crude oil on London's ICE trading decreased by 2.8% to $46.63 per barrel, breaking the minimum of November 29, 2016. For the first time since November 30, 2016 the oil price declined below the …

WTI, Brent down 4%

WTI, Brent down 4%

The selling in crude oil accelerated in afternoon US trading, with the US and international benchmarks both down 4 per cent on the day, and trading at levels last seen in November, Financial Times reported. West Texas Intermediate fell …

Oil Decline Eases

Oil Decline Eases

as Industry Said to Report Stockpile Plunge

World oil prices drop

World oil prices drop

The prices of July futures for Brent oil fell by 1.96% to $50.41 per dollar on the ICE Exchange in London. The June futures for WTI oil decreased by 2.46% to $ 47.64 per barrel at the New York Mercantile Exchange (NYMEX), Gazeta.ru …

North Sea Oil Floods to Asia Like Never Before on OPEC Cuts

North Sea Oil Floods to Asia Like Never Before on OPEC Cuts

The aim of current cuts to reduce inventories to below their five-year average has failed

Oil Prices Edge Higher From OPEC Boost

Oil Prices Edge Higher From OPEC Boost

But increasing shale production in the U.S. and still-high global stocks threatened to pull prices lower

Oil prices decline on growing US drilling activity

Oil prices decline on growing US drilling activity

Oil prices dropped this Monday morning in Asia following a three-day Easter break as investors digest North Korea’s failed missile launch. As of 14:28 (MSK), WTI Oil was down 46 cents or 0.86% at $52.72 per barrel. Brent Oil was …

Oil set for longest gain since 2012

Oil set for longest gain since 2012

as Saudis seen extending cut

Oil prices rising as US crude supplies drop

Oil prices rising as US crude supplies drop

The prices of June futures for Brent oil have risen by 0.30% to $56.40 per dollar on the ICE Exchange in London, as of 08:22 (MSK). The May futures for WTI oil gained 0.26% and reached $53.54 per barrel at the New York Mercantile …

Oil prices edge up as geopolitics dominate

Oil prices edge up as geopolitics dominate

The U.S. move has stoked concerns of possible retaliation from Iran and Russia

Brent and WTI increasing after US launches missile strike in Syria

Brent and WTI increasing after US launches missile strike in Syria

Oil prices increased today after the US missile strikes on a Syrian airfield, media reported. The June futures for Brent oil increased by $ 0.87 (1.58%) to $55.76 per barrel on the ICE Exchange in London, as of 8:05 Moscow …

China Becomes Biggest Buyer of US Oil

China Becomes Biggest Buyer of US Oil

American Exports Hit Record

Brent price declines to $53.4

Brent price declines to $53.4

The cost of the June futures of Brent crude oil on London's ICE trading decreased by $0.14 (0.26%) to $53.39 per barrel. as of 07:58 am. The May futures for WTI oil decreased by $0.09 (0.18%) and reached $38.70 per barrel at the New …

World oil prices rising

World oil prices rising

Oil prices on world markets returned to positive dynamics on the background of decline in the dollar exchange rate. The prices of May futures for Brent oil increased by $0.26 (0.51%) to $51.01 per barrel on the ICE Exchange in …

Oil prices rising again

Oil prices rising again

World oil prices are rising in the course of trading on the London and New York stock exchanges. The cost of the May futures of Brent crude oil on London's ICE trading have risen by $0.38 (0.75%) to $51.02 per barrel, as of 08:15 …

Oil drops after Saudis tell OPEC they reversed some output cuts

Oil drops after Saudis tell OPEC they reversed some output cuts

Extending OPEC’s cuts will accelerate the re-balancing of the market and help prices to return to “acceptable” levels

 Oil prices show positive dynamics

Oil prices show positive dynamics

World oil prices are rising in the course of trading on the London and New York stock exchanges. The cost of the May futures of Brent crude oil on London's ICE trading have risen by 1.41% to $51.64 per barrel. The April …

US oil depreciates OPEC agreement

US oil depreciates OPEC agreement

The cost of Brent crude oil decline bellow $51 per barrel for the first time since November 30, 2016. As of 5:44 (MSK) the prices of May futures for Brent oil fell by 0.70% to $50.94 per dollar on the ICE Exchange in …

Oil prices dropping suddenly

Oil prices dropping suddenly

The prices of May futures for Brent oil have declined by 2.7% to $51.62 per dollar on the ICE Exchange in London for the first time since the early December 2016. The April futures for WTI oil fell to $48.88 per barrel at the New York Mercantile …

Brent price increases to $53.55

Brent price increases to $53.55

The prices of May futures for Brent oil have risen by 0.83% to $53.55 per dollar on the ICE Exchange in London, as of 08:42 (MSK), RIA Novosti reported. The April futures for WTI oil gained $0.64% and reached $50.59 per barrel at the …

Oil prices decline as U.S. stockpiles set record

Oil prices decline as U.S. stockpiles set record

U.S. crude stockpiles are jeopardizing OPEC’s efforts to drain a global surplus

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 …