Oil extends gain to 6th day on dip in USA output
Oil futures ended slightly higher on Thursday, extending crude’s rally to a sixth straight session after a decline in weekly U.S. crude production temporarily eased…
Global oil prices
World exports of oil spell trouble for crude prices
After a brief drop in Saudi oil exports in April and May, June crude loadings appear to be back on the rise, according to tanker…
Prices of crude oil
Crude oil prices were up on Thursday (June 29) compared to the previous close. The price of Brent oil was at $47.55 up from $46.53…
Oil is under pressure after report shows increase in US inventories
Oil markets were steady to lower on Wednesday after a report of rising US fuel and crude inventories underscored the concern that a three-year supply…
Oil prices rise up 2 % but oversupply concerns remain
Oil prices rose again boosted by a weaker dollar but worries over an ongoing supply glut capped gains. According to Reuters, Brent crude futures had…
Iran increased capacity at key oil terminal
Iran says it has increased the capacity of its largest oil terminal to as high as eight million barrels per day (bpd) – another indication…
Oil era is gone
Oil and politics go hand in hand. After all, ‘a century of oil wars’ are now documented. Yet, interestingly enough, things are beginning to appear…
Bearish market in crude oil – Photo
Oil is technically back in bear market territory. US light sweet crude fell 22 percent to $43.01 per barrel last week from a high of…
OPEC is bewildered as the oil market reshapes
It may be too soon to write Organization of the Petroleum Exporting Countries (OPEC)’s obituary, but the oil producer club appears in urgent need of…
$30 oil on the horizon – Video
Oil’s modest comeback did little to change the mind of one portfolio manager who is urging investors to avoid crude and energy stocks. Chad Morganlander,…