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Daily (08.05.2017): Oil prices increased 1.5% after strong downward weekly trend
Oil prices increased on Friday after strong downward trend, supported by the market news that Russia is going to join the OPEC for production cuts to reduce the world's persistent glut of crude.
read more... 08/05/2017
Daily (05.05.2017): Oil prices slumped to five-month lows on Thursday
Oil prices dropped for the fourth consecutive day on Thursday, hitting their lowest level since November 2016, after data showed a less than expected decline in U.S. inventories and as OPEC and other producers would probably disapprove more supply cuts to reduce the world's persistent glut of crude.
read more... 05/05/2017
Daily (04.05.2017): Oil prices rose as US stockpiles fell less than expected
Oil prices slightly rose on Wednesday as EIA announced that weekly crude stocks reduced less than half of the forecasted value.
read more... 04/05/2017
Daily (03.05.2017): Oil and EU carbon prices at the lowest 2017 levels
Oil prices slightly fell on Tuesday on reports of rising oil production in the US, Canada, and Libya as well as weaker compliance of OPEC members with the deal to cut production during the first half of this year.
read more... 03/05/2017
Daily (28.04.2017): Brent oil at 10% below April peak
Oil prices prolonged their downward tendency on Thursday due to overabundant markets globally, though prices seemed to have found backing around current levels, according to traders.
read more... 28/04/2017