Brent oil price rose on predictions that OPEC-led output reductions would be prolonged beyond March even though higher Iraqi exports put a cap on prices. Brent crude futures increased by 46 cents, or 0.8 percent, to settle at $60.90 per barrel, its highest level since July 2015. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures surged 0.5% to $54.15 a barrel.
read more... 31/10/2017
Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude surging above $60 per barrel, on support among the world's major producers for prolonging a deal to reduce output.
read more... 30/10/2017
Oil stabilized on Wednesday close to a four-week peak after major exporter Saudi Arabia stated that it was determined to stop a supply glut that has influenced the market for three years. Brent crude futures rose 11 cents, or 0.20%, to end at $58.44 a barrel. Meanwhile, U.S. West Texas Intermediate crude traded 0.6% down at $52.27.
read more... 26/10/2017
Daily (25.10.2017): Prompt British gas prices surged on Tuesday, due to an unscheduled outage
read more... 25/10/2017
Oil prices changed slightly on Monday amid signs of a drop in U.S. drilling rates and as supply disruptions in Iraq dented exports out of OPEC's second-biggest producer.
read more... 24/10/2017