Oil prices decreased slightly in a choppy trade on Tuesday, pressured by an increase in U.S. shale oil production and deteriorating equity markets.
read more... 14/03/2018
Oil prices slumped on Monday amid increasing US output on the back of onshore shale oil production, as indicated in a report published by Energy Information Administration.
read more... 13/03/2018
Oil prices increased on Friday recovering from two days of declines due to strong US jobs data and investors’ hopes that the scheduled meeting between U.S. President Trump and North Korea’s Kim Jong Un would reduce geopolitical tensions.
read more... 12/03/2018
Oil prices decreased on Thursday, due to a stronger dollar, signs of an inventory build at the U.S. storage hub in Cushing, Oklahoma, growing U.S. crude production and investors’ agitation about a likely trade war.
read more... 09/03/2018
Oil prices declined on Wednesday as financial markets slipped amid reduced worries that Washington's plans for import tariffs could spur a trade war, and after U.S. government data showed a hike in crude inventories and production.
read more... 08/03/2018