oil prices

 Oil prices decline as supply worries persist

Oil futures headed modestly lower on Monday, with continued concerns over a supply glut keeping prices under pressure after reports last week showed a rise in OPEC oil production. As of 14:42 (MSK), Brent oil for October declined 0.69% …

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 Oil prices drop amid oversupply concern

Oil prices fell on Friday, dragged lower by persistent oversupply worries despite a bigger-than-expected drawdown in U.S. crude inventories. Brent crude was at $51.62 a barrel at 0652 GMT, down 28 cents (0.54%) from its last close. That …

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Oil prices come back to May level

Oil futures rose today after official figures showing U.S. crude inventories fell more than expected. The prices of October futures for Brent oil have risen by $0.43 (0.8%) to $53.12 per barrel on the ICE Exchange in London, which is …

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Brent oil price raises above $53

Oil futures rose this morning after official figures showing U.S. crude inventories fell more than expected. Brent crude was up 0.57% at $53 after falling slightly earlier. WTI crude was up 16 cents (0.3%) at $49.72, …

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Brent oil raises above $52

The prices of futures for Brent oil have risen to $52.1 per barrel on the ICE Exchange in London. The September futures for WTI oil reached $49.19 per barrel at the New York Mercantile Exchange (NYMEX), Gazeta.ru reported. …

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 EIA cuts U.S. oil production growth forecast for 2018

The U.S. Energy Information Administration said it expects U.S. crude oil production in 2018 to rise by less than previously expected. The agency forecast that 2018 crude oil output will rise by 560,000 barrels per day to 9.91 million …

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World oil prices decline

The cost of the October futures of Brent crude oil on London's ICE trading decreased by 0.92% to $51.88 per barrel yesterday evening. The cost of the September futures of WTI decreased by 1.41% to $48.89 per barrel at the New …

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 WTI oil costs over $50 per barrel

The prices of September futures for Brent oil have risen by 0.25% to $52.65 per dollar on the ICE Exchange in London, yesterday evening, The September futures for WTI oil gained 0.93% and reached $50.17 per barrel at the New York …

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 Oil prices rise on world markets

September futures for WTI rose 0.49% to $48.99 per barrel on the New York Mercantile Exchange (NYMEX) yesterday evening. The prices of September futures for Brent oil have risen by 0.98% to $51.47 per barrel on the ICE Exchange in …

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 OPEC+ Committee to meet in Russia for first time

The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) will hold a meeting in St. Petersburg today to track the implementation of the Vienna deal on oil output cuts. The event is set to give recommendations to the 24 major oil …

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