Tag: oil production

Oil bills rose amidst Syria distresses

Global benchmark Brent was 67 cents higher at $48.36 a barrel.

Crude-Oil Futures Slightly Higher Ahead of US Jobs Data

October 3, 2015

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Crude-Oil Futures Slightly Higher Ahead of US Jobs Data

November WTI (West Texas Intermediate) crude oil futures contracts have been showing the emergence of…

Oil Prices Slightly Higher on US Oil-Rig Decline

September 25, 2015

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Oil Prices Slightly Higher on US Oil-Rig Decline

Net-net, the movement in the price of barrel Brent crude for October delivery was downwards…

September 24, 2015

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US Oil & US Brent still trading low

Crude oil attempted to rally during the week as it traded to highs of $48.07…

Oil falls after United States warns on health of global economy

September 24, 2015

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Oil falls after United States warns on health of global economy

USA benchmark crude West Texas Intermediate (WTI) was trading at $46.69 a barrel Thursday at…

Oil Prices Ease on Global Economic Concerns, OPEC Inaction

September 21, 2015

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Oil Prices Ease on Global Economic Concerns, OPEC Inaction

“We’re seeing some crackspread action as we move toward WTI expiration and it’s all contributing…

U.S. Oil Production Braces for Sharpest Drop in 24 Years

September 16, 2015

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U.S. Oil Production Braces for Sharpest Drop in 24 Years

OPEC forecast that while non-OPEC supply would grow by 88,000 barrels a day in 2015,…

Non-Opec oil output set for biggest fall since 1992 says IEA

September 15, 2015

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Non-Opec oil output set for biggest fall since 1992 says IEA

Shale oil production in the USA will drop by 385,000 barrels a day next year…

FT: Oil fund manager Andurand sees crude prices below $30

September 7, 2015

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FT: Oil fund manager Andurand sees crude prices below $30

Despite data on Wednesday showing a huge build in USA crude inventories, oil rallied early…