Category: Prices

Oil prices rose on Monday, fueled by jitters about a disruption in supplies after government forces in Iraq moved on the Kurdish-held city of Kirkuk and on oil installations seized Continue Reading

Oil markets jumped on Monday as Iraqi forced entered the oil city of Kirkuk, taking territory from Kurdish fighters and raising concerns over exports from OPEC’s second-largest producer. Flames are Continue Reading

Oil supply disruptions, high OPEC oil cut deal compliance rates, an extra-violent hurricane season, and the threat of new U.S. sanctions against Iran have fed optimism in oil markets over Continue Reading

Chinese crude imports rose by roughly 1 million barrels a day in September, on the month, to 9 million barrels a day, according to government data released Friday. The news Continue Reading

Oil prices rose on Friday on bullish data from China showing an uptick in oil imports by 1 million barrels per day in September, from a month earlier. On top Continue Reading

A geopolitical risk premium and signs of growing demand in the Asian economies helped drive crude oil prices sharply higher Friday, wrapping up a volatile week. Crude oil prices see-sawed Continue Reading

Oil prices on Friday closed at their highest level in October on bullish news from strong Chinese oil imports, U.S. President Donald Trump’s decision not to certify that Iran is Continue Reading

A rebalancing of the global oil market is underway helped by supply curbs led by OPEC, although the chance of big further gains in prices looks unlikely in the next Continue Reading

Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, Continue Reading

 Crude inventories dropped 2.7 million barrels in the week to Oct. 6, slightly more than analysts’ expectations in a Reuters poll for a decrease of 2 million barrels. Sponsored Inventories Continue Reading