Oil market news


Oil rises 2% with supplies hit

Oil rises 2% with supplies hit

Prices of oil surge over 2% today, with U.S. sanctions limiting exports from Iran, leading to shortening of supplies, while many traders anticipate crude prices to vault as high as $100 for a barrel.


September 24, 2018
OPEC and Russia leave oil output plan unchanged
OPEC and Russia leave oil output plan unchanged

Saudi Arabia, the leading member of OPEC, along withRussia, the largest oil countrynot linked to the Organization, on September, 23 excluded...

September 21, 2018
Oil prices up due to expected Iranian supply shortage
Oil prices up due to expected Iranian supply shortage

Crude futures rose today due to expected U.S. sanctions against Iranian oil industry, but intended lower prices that are called for by the U.S....

September 20, 2018
Oil advances on decrease in U.S. inventories
Oil advances on decrease in U.S. inventories

Crude increased for three days in a row today, as U.S. stockpiles fell on and the country’s demand for gasoline held high, with possible...

September 19, 2018
Oil growth expected to go on as worries of supply prevail
Oil growth expected to go on as worries of supply prevail

Crude prices stable today, as growing worries over potential supply shortage after major producers expressed unwillingness to fill in the deficit...

September 18, 2018
Oil vaults as OPEC seems reluctant to up production
Oil vaults as OPEC seems reluctant to up production

Oil was buoyed today by indications that OPEC is not ready to heighten production in order to offset decreasing Iranian supply, with Saudi Arabia...

September 17, 2018
Oil driven up by risks of deficient supply
Oil driven up by risks of deficient supply

Prices of oil gained today with the market more concentrated on the effect from U.S. sanctions against Iran even though official Washington claims...

September 14, 2018
Oil pushed up by worries over supply despite potential easing of demand
Oil pushed up by worries over supply despite potential easing of demand

Crude returns to growth today after yesterday’s slumps, with the biggest plunge in a month, in view of mounting worries over supplies...

September 13, 2018
Oil takes downturn amid risks of demand growth halt
Oil takes downturn amid risks of demand growth halt

Crude prices eased today, paring yesterday’s increases, on stirred up worries over unlikely continuation of fuel demand lifts considering...

September 12, 2018
Oil keeps advancing due to falling U.S. inventories, sanctions against Iran
Oil keeps advancing due to falling U.S. inventories, sanctions against Iran

Crude prices remained in the upward trend today as worries of supply tightening grew on data indicating a slide in U.S. oil stockpiles and...

September 11, 2018
Crude grows on driven by expectations of sanctions against Iran
Crude grows on driven by expectations of sanctions against Iran

Prices of oil climbed today as Iran’s oil sector remains under threat from planned U.S. sanctions, regardless of Washington’s steps to...

September 10, 2018
Oil gains driven by no expansion in U.S. rig number
Oil gains driven by no expansion in U.S. rig number

Crude prices grew today with the count of U.S. rigs around constant and prospects of tightening in the market from November when American sanctions...

September 7, 2018
Oil keeps firm as U.S. oil inventories reduce
Oil keeps firm as U.S. oil inventories reduce

Crude prices increased a bit today, supported by U.S. oil stockpiles that retreated to the lows of February 2015, but the market stayed fretted by...

September 6, 2018
Crude grows supported by dollar, though demand prospects uncertain
Crude grows supported by dollar, though demand prospects uncertain

Prices of oil gained today, driven by a lower dollar and data showing solid demand for fuel in the U.S., however, demand outlook stays unclear as...

September 5, 2018
Oil down with storm in Gulf of Mexico letting up
Oil down with storm in Gulf of Mexico letting up

Crude prices slumped today as storm Gordon swiping across the Gulf coast of the United States eased, while its effect on output was less than...

September 4, 2018
Oil boosted by hurricane coming to Gulf of Mexico
Oil boosted by hurricane coming to Gulf of Mexico

Prices of oil grew today, as West Texas Intermediate crude rose above $70 per barrel, in the wake of the two oil platforms evacuation in the Gulf...

September 3, 2018
Oil keeps level considering growing supply from OPEC and sanctions on Iran
Oil keeps level considering growing supply from OPEC and sanctions on Iran

Prices of oil little changed today, as OPEC and the U.S. keep raising supplies, driving prices lower, with the risks of Iran’s production...

August 31, 2018
Crude prices quite unchanged though August reading to register solid rise
Crude prices quite unchanged though August reading to register solid rise

Oil remains little changed from last close today, upheld by planned U.S. sanctions on Tehran’s crude sector and shrinking production in...

August 30, 2018
Oil keeps growing considering U.S. inventories fall, anticipated Iranian supply difficulties
Oil keeps growing considering U.S. inventories fall, anticipated Iranian supply difficulties

Prices of crude rose a little today, continuing yesterday’s increases, pushed higher by dropped U.S. inventories, as well as potential loss...

August 29, 2018
Oil lower due to grown U.S. inventories, prospects of Venezuela’s production stabilization
Oil lower due to grown U.S. inventories, prospects of Venezuela’s production stabilization

Crude prices slipped today, as news of gains in U.S. oil stockpiles and expectations of stopping the fall in Venezuelan production had a dragging...

August 28, 2018
Crude slumps amid opposing factors
Crude slumps amid opposing factors

Prices of oil sagged today, dragged down by OPEC’s steady increase of production though concerns over supply cuts from Iran and Venezuela...

Oil falls amid growing trade tensions and worries over crude supply from Iran
Oil falls amid growing trade tensions and worries over crude supply from Iran

Crude prices dropped on Monday pressured by the trade war between the U.S. and China that stokes concerns of damage to global growth, but planned...

August 24, 2018
Oil continues its way up on risk of Iranian supply loss
Oil continues its way up on risk of Iranian supply loss

Prices of oil grew today in view of likely reduction of crude supply from Iran hit by U.S. sanctions.

August 22, 2018
Oil gains on fallen U.S. inventories, risk of insufficient supply
Oil gains on fallen U.S. inventories, risk of insufficient supply

Prices of oil moved higher today, driven by a reduction in U.S. stockpiles and a lower dollar, as well as by a forecasted deficit of crude linked...

August 21, 2018
Oil stays up as U.S. fuel markets get tighter
Oil stays up as U.S. fuel markets get tighter

Prices of oil kept solid today as fuel markets in the United States show signs of tightening, however, the use of the country’s reserve crude...

August 20, 2018
Oil nearly unchanged balancing between economy slowdown worries and sanctions on Iran
Oil nearly unchanged balancing between economy slowdown worries and sanctions on Iran

Crude prices remained at around previous levels today, as worries of pacing down economic expansion pressured the market, although the projected...

August 17, 2018
Oil is weighed by moderating growth of world economy
Oil is weighed by moderating growth of world economy

Prices of oil slightly dipped today, as U.S. WTI is close to its weekly drop for the seventh time pressured by concerns over world economy pacing...

August 16, 2018
Oil turns up after news of China’s initiative to negotiate trade issues with U.S.
Oil turns up after news of China’s initiative to negotiate trade issues with U.S.

Prices of oil today reclaimed a part of yesterday’s falls on a statement from China that said it would attempt to reconcile trade...

August 15, 2018
Oil declines as U.S. inventories show rise and oil demand unstable
Oil declines as U.S. inventories show rise and oil demand unstable

Crude prices eased today, as news of higher U.S. stockpiles pulled them down and a deceleration of global economy foreshadowed a decrease in demand...

August 14, 2018
Oil driven up by Saudi Arabia’s decision to limit production
Oil driven up by Saudi Arabia’s decision to limit production

Prices of oil climbed today following an OPEC statement saying that Saudi Arabia had indeed reduced output looking to prevent threatening glut,...

August 13, 2018
OPEC expects oil demand to fall, Saudi Arabia eases production
OPEC expects oil demand to fall, Saudi Arabia eases production

OPEC today issued a prediction of lower demand in the coming year for its oil taking into account bigger output by competitors and signaled that...

Oil firm as demand projections shrink
Oil firm as demand projections shrink

Crude prices stabilized today with the prospects of demand narrowing caused by trade disagreements and uneasy emerging markets, despite possible...

August 10, 2018
Oil markets stable but hardly for long
Oil markets stable but hardly for long

Stability has come to oil markets but the period is not expected to be lasting as Iran’s supplies after reintroduced sanctions on Iran could...

Oil prices as a factor of influence on the world financial markets

Oil plays an important role on the world markets. Traders and investors know that oil quotes have a major impact on the world economy because of their change can cause a strong growth or, conversely, become a reason of reduction in price of assets in the currency and stock markets. The dynamics of crude quotes is determined to a greater extent, by the economic situation in the United States of America. To predict effectively changes in trading on the stock markets, it is necessary to monitor all developments on the oil market.

Analyse the impact of oil prices on the financial markets

The world oil market is one of the most volatile that makes it even more attractive to investors and giving them an convenient method of investments with low risk. There are plenty of factors which have influence on the oil prices: political events, financial reports and even the weather changes. A timely analysis of all the actual news of the oil market is the key to successful trading.

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