Oil prices increased on Thursday, steadying close to two-year peaks as OPEC-led supply reductions have tightened the market and weakened inventories.
read more... 03/11/2017
Brent oil price rose on predictions that OPEC-led output reductions would be prolonged beyond March even though higher Iraqi exports put a cap on prices. Brent crude futures increased by 46 cents, or 0.8 percent, to settle at $60.90 per barrel, its highest level since July 2015. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures surged 0.5% to $54.15 a barrel.
read more... 31/10/2017
Oil prices changed slightly on Monday amid signs of a drop in U.S. drilling rates and as supply disruptions in Iraq dented exports out of OPEC's second-biggest producer.
read more... 24/10/2017
Oil prices increased on Monday as Iraqi forces entered in Kirkuk, grasping territory from Kurdish fighters and momentarily cutting some crude production from OPEC's second-biggest producer.
read more... 17/10/2017
Oil prices edged up for the third day on Wednesday as OPEC predictions of higher demand for 2018 and tensions in Kurdistan buyout prices.
read more... 12/10/2017