Oil prices take a dip as global demand soars
November 2nd - During the week ending 25 October, the Energy Information Administration registered a crude oil inventory build of 5.7 million barrels pressuring the prices of oil even further. A day before, the American Petroleum Institute had reported an inventory build of...
Well-Safe Solutions receives backing from oil executives and top financiers
October 29th - A fraternity of top oil executives and city financiers are injecting more than £65 million into Well-Safe Solutions (WSS), a well decommissioning pundit. The new round of investment is meant to solve one of Britain’s most daunting industrial problems. Sky...
How gold prices may hit $1,700 in just 6 months
October 24th - In its latest reports, Australia and New Zealand Banking Group (ANZ) has decided to take on the challenge of determining the “unpredictable” gold prices. Interest rates, inflation, and the USD being key gold price drivers, the Australian multinational bank discovered...
Oil price resumes downward path as Trump warns OPEC on cutting output
November 13th - Oil price moves lower as Trump tweet warns against output reductions, OPEC cuts its 2019 demand outlook, again.
Oil price rises as Saudi Arabia announces plans to cut production in December
November 12th - The oil price is higher Monday, boosted by news Saudi Arabia plans to reduce its output levels in December, following a period of price falls.
Oil price falls further as supply worries ease
November 2nd - Oil prices fall as supply concerns ease on a weaker outlook for global economic growth and demand.
Oil price slides as figures show a surprise build in US stocks
October 17th - Oil price falls as EIA figures show larger-than-expected US stocks build.
Oil price steady as US sanctions on Iran begin to bite
October 5th - Oil prices are steady at just below four year highs, Friday, as fears over tightening supply ahead of the US sanctions on Iran, remain firmly in place.
Oil price steady at four-year high as supply concerns remain
October 2nd - The oil price is steady at around four-year highs Tuesday, as concerns over supply intensify and HSBC confirms its view that it could hit $100 per barrel.
Brent Crude oil price briefly breaks through $80 per barrel
September 24th - The oil price is higher Monday, amid news the JMMC agreement remains intact and as analysts warn of further rises.
Oil prices mixed amid Trump’s latest OPEC criticism
September 20th - Oil prices are mixed, as US President Trump calls for lower oil prices ahead of a closed meeting between OPEC members and some of its allies over the weekend.
Oil price rises amid Iran sanctions, Geo-Politics
September 11th - The oil price is higher Tuesday, as incoming US sanctions on Iran begin to tell and major oil importers look elsewhere to fulfill their requirements.
Oil price rises as Anadarko evacuates Gulf of Mexico rigs
September 4th - The oil price is higher Tuesday, as Anadarko Petroleum has confirmed the evacuation of its two Gulf of Mexico-based oil rigs, in the face of Hurricane Gordon.
Oil price steady-to-a-little-lower, amid mixed signals, geo-politics
August 31st - The oil price is little changed-to-lower Friday morning, as fears over a ongoing US-China trade tensions weigh and following a two-week rally in the price of the valuable commodity.
Oil price up as report shows steep decline in US crude inventories
August 22nd - Oil prices rose Wednesday, after API data reported a much larger inventory draw than had been expected.
Oil price could hit $100 per barrel by year-end – IHS Markit
August 21st - The oil price is higher Tuesday as IHS Markit's oil market VP said he expects it to hit $100 per barrel by the end of 2018.
Oil price settles after 3.2% slide
August 9th - The oil price is steady Thursday, recovering from a steep decline earlier in the week amid the escalating US-China trade tensions and as the API oil inventories data showed a smaller draw than expected,
Oil price news: OPEC output rises in July – Survey
August 1st - Oil prices steady-to-lower ahead of US crude inventory data.
Oil price falls further as supply seen increasing, while demand could weaken
July 17th - Oil prices are falling again Tuesday as supply is rising while demand is expected to fall.
Oil price slides on Libyan output plans
July 12th - Oil prices slid sharply Wednesday after Libya oil output came back online.
Oil prices gain amid Norway strike, lower US inventories
July 10th - Oil price gains as Norwegian oil workers strike, US oil inventories slide.
Oil prices rise amid output uncertainty and despite OPEC hike agreement
June 26th - The oil price is higher amid output concerns from Canada and Libya.