Crude oil prices posted minor changes on Monday as the prospect for the U.S. crude production to continue increasing outweighed reports of high compliance to the OPEC production cut agreement.
read more... 28/02/2017
Crude oil prices fell on Friday as market returned to volatility last week as rising U.S. production continues to weigh on OPEC's efforts to reduce supply.
read more... 27/02/2017
Russian oil company Rosneft has expanded its activities in the Middle East by signing two oil purchase agreements in Libya and Iraq.
read more... 24/02/2017
Crude oil climbed on Tuesday, but gains were pared after the U.S. government figures indicated a seventh consecutive increase in crude inventories, undermining OPEC’s initiative to cut output.
read more... 24/02/2017
Crude oil prices declined over 1 percent on Wednesday on expectations of another rally in U.S. stockpiles, retreating from multi-week highs reached in the last session on OPEC’s optimism over its deal with other producers to slash output.
read more... 23/02/2017