Oil rises sharply ahead of OPEC+ meeting
World oil prices rose by 2.5% on Monday morning, as investors focus on reports of the prospects for a significant reduction in OPEC + production…
Global oil prices grow
Global oil prices grew on September 27 morning after falling the day before, Report informs referring to the auction data. The price of December futures for Brent…
Global oil prices rise by over 1%
Global oil prices on May 25 morning rose by more than 1%, investors assess the prospects for a ban on oil exports from the US, Report informs…
Oil prices rise amid decline in US inventories
Global oil prices rose by more than 1% on May 19 morning on data from the US Department of Energy on the unexpected decline in…
Oil rises amid decline in US inventories
World oil prices rose on Wednesday morning after the American Petroleum Institute (API) noted a reduction in US reserves, Report informs. The price of July futures for…
Oil prices continue falling
Global oil prices on October 27 afternoon accelerated the rate of decline to an average of 1.5% on expectations of an increase in weekly stocks…
Oil prices rise supported by weak dollar
Oil prices on Aug. 27 morning continue to rise supported by a weak dollar, according to trading data, Report informs referring to Prime agency. During this trading…
Oil falls on oversupply worries despite Iran sanctions
Oil prices headed for a third weekly loss on Friday after Saudi Arabia warned of oversupply, while a slump in stock markets and concerns about trade clouded…
Oil steadies boosted by Iran fears, capped by China data
Oil prices retreated below multi-year highs hit early in the day on Tuesday, supported by concerns that U.S. sanctions on Iran that are likely to…
Brent and WTI price spread narrowing
The Brent and WTI spread decreased to $ 3.8 in world market. Report informs, in December the price spread was $ 7. Notably, there were…
Why does oil hit $71?
Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking run of declines in U.S….
Brent price exceeds $71 for first time since 2014
Price of March futures for the North Sea petroleum mix of mark Brent crude increased by 1,5% and exceeded $ 71,01/barrel. Report informs citing the…