Oil prices dropped for a third consecutive day on Tuesday on forecasts for higher U.S. crude production and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).
read more... 15/11/2017
Crude prices fell on Monday as the prospect of further increases in U.S. production undermined ongoing OPEC-led output reductions aimed at tightening the market.
read more... 14/11/2017
Crude prices fell slightly on Friday as anticipations that OPEC and other producers will extend their output reduction agreement were offset by U.S. drillers adding the most oil rigs in a week since June, indicating output will continue to increase.
read more... 13/11/2017
Oil prices increased on Thursday, encouraged by supply reductions by major exporters as well as ongoing worries over political developments in Saudi Arabia.
read more... 10/11/2017
Oil prices settled slightly lower on Wednesday after U.S. government data showed rising domestic crude output, an unexpected build in U.S. stockpiles and a decline in monthly Chinese crude imports, or a triple blow that was offset somewhat by increasing tensions in the Middle East.
read more... 09/11/2017