Oil prices surged on Friday, remaining on track for a fourth consecutive week of gains, bolstered by a drawdown in U.S. inventories and a pullback in production, combined with steady demand and the extension of OPEC’s global supply cut deal.
read more... 15/01/2018
Oil prices settled at three-year highs on Thursday on signs of tightening supply in the United States.
read more... 12/01/2018
Crude oil prices touched new multi-year peaks on Wednesday as OPEC-led output reductions and increased demand helped to balance the market, but analysts warned of a potential overheating.
read more... 11/01/2018
Oil prices surged on Tuesday, buyout by OPEC-led output cuts and predictions that U.S. crude inventories have declined for an eighth week in a row.
read more... 10/01/2018
Oil prices were little changed on Monday, trading close to their highest levels since May 2015, as political worries in several OPEC countries counterbalanced forecast for higher U.S. oil output. Brent futures gained 16 cents, or 0.2 percent, to settle at $67.78 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude edged 29 cents, or 0.5 percent, higher at $61.73.
read more... 09/01/2018