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Daily (03.02.2017): Crude oil prices pare gains as U.S.- Iran tensions alleviate

Crude oil price tumbled on Thursday, pairing earlier gains as tensions between Iran and the United States eased.

read more... 03/02/2017

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Daily (02.02.2017): Crude oil rallies on Iran ballistic test launch

Crude oil prices soared on Wednesday, increasing more than $1 a barrel after Iran confirmed that it recently conducted a ballistic missile test launch, a move that drew criticism from U.S. and Israeli officials this week and increased concerns about the potential violation of a United Nations Security Council resolution.

read more... 02/02/2017

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ExxonMobil’s Q4 earnings tumble 40% due to the prolonged downturn in oil prices

U.S. oil giant ExxonMobil reported earnings well below analysts’ expectations on January 31.

read more... 01/02/2017

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Scottish government launches four-month public consultation on fracking

The Scottish government has launched a consultation on whether unconventional oil and gas extraction should be allowed in the country.

read more... 01/02/2017

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Daily (01.02.2017): British spot gas prices gain ground on Rough storage outage

Crude oil prices gained ground on Tuesday as the U.S. dollar depreciated and on the news that largest producers in the world reduced output this month more than forecasters had expected.

read more... 01/02/2017

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