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News
World oil prices
World oil prices News
World Oil Production
27 Nov 2016
Russia set to gain from oil production freeze
With its oil output at record levels and state coffers running low, Russia has little to lose and much to gain from agreeing a deal with the OPEC cartel on limiting production.
Oil losses
14 Mar 2016
Oil losses deepen on doubts over output freeze deal
World oil prices fell further today on doubts over a consensus between producer nations to limit output in an oversupplied market, dealers said.
World oil prices
25 Mar 2015
Oil prices rise despite jump in US stockpiles
World oil prices advanced Wednesday despite news of a stronger-than-expected increase in crude inventories in the United States, analysts said.
New York
23 Dec 2014
Oil gains as US growth beats expectations
World oil prices rose Tuesday as strong US economic data sparked a round of buying in the beaten-down commodity.
Brent oil
10 Sep 2014
Brent slides to new 17-month low under $98
World oil prices tumbled Wednesday, with Brent hitting a new 17-month low after the OPEC oil cartel trimmed its oil demand growth forecasts.
World oil prices
04 Sep 2014
Oil rallies as Ukraine hopes lift sentiment
World oil prices rebounded Wednesday following the prior day`s heavy losses in a rally spurred in part by hopes for a resolution to the Ukraine conflict.
Brent
03 Sep 2014
Brent climbs towards $101, pulls away from 16-month low
Brent crude rose towards USD101 a barrel on Wednesday, pulling away from a 16-month low hit in the previous session, supported by encouraging U.S. manufacturing data.
World oil prices
01 Jul 2014
Oil prices dip on profit taking, Iraq
World oil prices slipped Tuesday on profit taking and marginally easing concerns about the Iraq crisis, while in the US a storm sparked fears about lower gasoline demand.
World oil prices
25 Jun 2014
Oil prices diverge as market eyes Iraq crisis
World oil prices diverged on Tuesday, holding close to recent peaks amid ongoing concerns over violence in crude-producer Iraq.
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