Crude oil prices boosted over 2 percent on Wednesday as U.S. crude stockpiles increased less than expected, supply disruptions were prolonged in Libya and the OPEC-led output cut deal is likely to be extended.
read more... 30/03/2017
Crude oil prices advanced as much as 2% on Tuesday after a massive disruption to Libyan oil supplies and as officials hinted OPEC and other producing countries could extend an output reduction deal to the end of the year.
read more... 29/03/2017
Crude oil prices ended lower on Monday, hit by another weekly rise in the U.S. oil rig number and uncertainty over whether OPEC will extend its output reductions into the second half of the year.
read more... 28/03/2017
Crude oil prices tumbled on Thursday, locked near four-month lows amid investors’ concerns that OPEC-led supply cuts were not yet reducing record U.S. crude stockpiles.
read more... 24/03/2017
Crude oil prices declined on Tuesday, with U.S. crude reaching its lowest level since November 2016, as worries about new supplies overshadowed the latest OPEC deal to extend production cuts beyond June 2017.
read more... 22/03/2017