oil prices

Will additional 1% be able to save OPEC deal?

Iraq and some other oil producers taking part in global output cuts think they should reduce supply by an additional 1% to help re-balance the market, Iraqi Oil Minister Jabbar al-Luaibi said at a conference in the emirate of …

Read
Oil falls as markets dip on North Korea tensions

Brent oil prices held steady near five-month highs, and were on track for the highest weekly rise since the end of July on higher demand forecasts and the restart of oil-hungry refineries in the United States, Reuters reports. The …

Read
Sechin about oil prices in 2018

The oil price in 2018 will amount to $ 40-43 per barrel, the chief executive officer of Rosneft, Igor Sechin predicts. According to him, one of the most significant factors here, along with the production of the shale oil, is the large …

Read
Crude oil rises to 4-week high

Oil prices on Wednesday held on to gains from the day prior on fears of potential damage to U.S. oil production from Hurricane Irma, as well as renewed demand for crude from restarted refineries in the Gulf Coast, Market Watch …

Read
Brent oil price starts to rise

World oil prices are rising, albeit slightly on Sept.6 in the aftermath of Hurricane Harvey, Trend reports. The price for October futures of Brent oil has increased by 0.07 percent to $53.42 per barrel as of 08:06 (UTC + 4). The price …

Read
Belarus raises oil export duties

Belarus raised customs duties on oil and oil products, which are exported beyond the customs territory of the Eurasian Economic Union, the press service of the Government of the Republic of Belarus said with reference to the Council of …

Read
WTI reaches $46

The price of WTI crude reached the mark above $46 per barrel, data of today's tradings at the Intercontinental Exchange (ICE) showed. The cost of October futures raised to $46.08 per barrel. …

Read
Oil prices decline on Harvey concerns

Oil futures fell for the second session on track for another weekly decline, following earlier data from the US, the world's largest economy.  As of 06:04 GMT, Brent crude futures shed 0.42% to $51.67 a barrel from the opening …

Read
Oil prices go up

The cost of October futures for Brent oil increased by 0.71% to $52.41 per barrel on the ICE Exchange in London.  October futures for WTI oil gained 0.70% and reached $52.41 per barrel at the New York Mercantile Exchange …

Read

Populars