Oil prices fell on Thursday, backing off from recent gains that were stimulated by tension around northern Iraq after the Kurdistan region's vote in favour of independence. Brent crude price settled down 49 cents, or 0.9%, at $57.41 a barrel. Meanwhile, WTI crude traded 1.1% lower at $51.56 a barrel.
read more... 29/09/2017
Brent prices slumped on Wednesday, while U.S. crude rallied, after oil stockpiles in the world's major consumer unpredictably drew down with refiners coming back online following Hurricane Harvey last month.
read more... 28/09/2017
Oil prices fell on Tuesday after investors took profit following a jump to 26-month highs supported mainly by menaces from Turkey to reduce crude exports from Iraq’s Kurdistan region.
read more... 27/09/2017
Oil prices prolonged gains on Monday, with Brent crude hitting a 26-month peak, supported by Turkey's menace to reduce crude flows from Iraq's Kurdistan area to the outside world.
read more... 26/09/2017
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