Oil prices rose slightly on Friday, maintaining most of their gains to stay close to their maximum levels in months, as major producers’ summit in Vienna announced the market was well on its way towards rebalancing.
read more... 25/09/2017
Oil prices were mixed on Thursday as the market waited to see if the biggest oil producers would deepen supply reductions beyond March at a reunion in Vienna. Brent crude futures closed 0.25% up at $56.43 a barrel. Meanwhile, WTI crude futures ended 0.3% down at $50.55 per barrel.
read more... 22/09/2017
Oil prices jumped 2 percent on Wednesday despite a rise in U.S. crude inventories, with the market heading for its biggest third-quarter gain in 13 years after the Iraqi oil minister declared OPEC and its partners were envisaging to deepen output reductions.
read more... 21/09/2017
Oil markets dipped on Tuesday, influenced by increasing U.S. shale production and worries that another hurricane hitting the Caribbean could affect refineries and disrupt delivery to and from the United States.
read more... 20/09/2017
Crude oil prices dropped slightly on Monday, but remained close to recent highs as traders braced for a potential stockpile build, likely to occur later this week.
read more... 19/09/2017