Industry: Oil, Gas


U.S. crude oil inventories fall 5 million barrels
July 3, 2019, 2:51 a.m.

Oil prices slipped on Tuesday as worries that a weakening global economy would dent demand for the commodity outweighed OPEC's decision to extend supply cuts until next March.
July 2, 2019, 3:18 a.m.

OPEC and its allies want cut their crude oil output in a bid to prop up the price.
July 1, 2019, 7:47 a.m.

Brent oil may test a support at $64.78, a break below which could cause a loss to $62.74 per barrel.The support is identified as the 38.2% retracement on the downtrend from $73.40 to $59.45. Oil faile
July 1, 2019, 5:11 a.m.


Oil prices rose more than $1 a barrel on Monday after Russia agreed with Saudi Arabia to extend supply cuts for another six to nine months ahead of an OPEC meeting this week.Front-month Brent crude future.
July 1, 2019, 2:37 a.m.

The trade dispute between the US and China has weighed on oil prices, fanning fears that slowing growth could dent demand for the commodity
June 28, 2019, 4 a.m.

Concerns that a breakthrough on trade may not eventuate at the G20, and nervousness about output cuts were crimping buying.
June 27, 2019, 4 a.m.

Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected drawdown in crude stocks as exports hit a record high, and surprise drops in refined product stockpiles.
June 26, 2019, 7:22 p.m.

This week, the response in the oil markets to the tensions following Iran's shooting down of a US drone has seemed muted, stemming from profound changes in the market over the past few years.
June 25, 2019, 10:55 a.m.
Publisher: forbesindia.com

Oil prices were steady on Tuesday, supported by worries over a conflict between Iran and the US, but pressured by concerns about a potential decline in demand for crude.Benchmark Brent crude futures.
June 25, 2019, 3:48 a.m.