Oil market news


Saudi, Russia Want to Seal Further Yield Cuts With Makers

Saudi, Russia Want to Seal Further Yield Cuts With Makers

Significant oil makers Saudi Arabia and Russia will look for endorsement for more profound yield trims from OPEC and partners on Friday trying to help rates and stay away from a new oil oversupply.


December 6, 2019
Oil Prices Slip Ahead of Key OPEC Decision
Oil Prices Slip Ahead of Key OPEC Decision

OPEC oil ministers met on Thursday so far without any policy-making, but today they continue discussing the key issue whether to cut deeper oil...

December 5, 2019
Oil Prices Likely to Recover in Run-up to OPEC Meeting
Oil Prices Likely to Recover in Run-up to OPEC Meeting

Oil prices mixed on Thursday, as markets are focused on OPEC meeting amid diminished U.S. reserves. OPEC and its allies, including Russia became...

December 4, 2019
OPEC Ready For More Profound Oil Trims, Russia Yet to Agree
OPEC Ready For More Profound Oil Trims, Russia Yet to Agree

OPEC is ready to extend production slices later in the current week at the same time needs to concur with partners, for example, Russia over...

Oil Rates Advance in Anticipation of Key OPEC Meeting
Oil Rates Advance in Anticipation of Key OPEC Meeting

Oil prices added more than 1 percent on Wednesday in run-up to OPEC group meeting, scheduled for this week and expected to continue production...

December 3, 2019
Oil Prices Grow as Saudi Arabia Stands for Further Supply Cuts
Oil Prices Grow as Saudi Arabia Stands for Further Supply Cuts

Oil rates continued to advance on Tuesday on the back of reports that OPEC and its allies are leaning towards additional output cuts in run-up to...

December 2, 2019
Saudi Exchange to Confine Aramco Index Loading With Cap
Saudi Exchange to Confine Aramco Index Loading With Cap

Saudi Arabia's Tadawul has presented an equity indicator .TASI cap of 15 percent which is set to address worries over the loading oil giant...

Oil Rates Grow on Hopes for Further OPEC’s Supply Cuts
Oil Rates Grow on Hopes for Further OPEC’s Supply Cuts

Oil rates soared more than 1 percent on first working day of the week, as indicators of improved manufacturing sector in China showed an increase...

November 29, 2019
Oil Prices Tumble in Run-Up to OPEC Meeting
Oil Prices Tumble in Run-Up to OPEC Meeting

Oil rates continued to drop on Friday, on fresh doubts that Sino-U.S. trade agreement could be not signed  after Beijing warned Washington...

November 28, 2019
Oil Prices Decline on U.S. Inventories Record Growth
Oil Prices Decline on U.S. Inventories Record Growth

Oil prices continued to drop during the latter trading session after official data showed an increase in U.S. crude inventories, as the results...

November 27, 2019
Oil Prices Manage to Keep Afloat, Despite Disappointing Data
Oil Prices Manage to Keep Afloat, Despite Disappointing Data

Oil prices eased in early Wednesday’s trading after the data showed unexpected increase in U.S. stockpiles, but the market hopes of signing...

November 26, 2019
Oil Prices Shoot Up Amid Refreshed Sino-U.S. Trade Talks
Oil Prices Shoot Up Amid Refreshed Sino-U.S. Trade Talks

Oil rates build up on Tuesday on the back of progress signs regarding trade agreement between two top economies, the world’s largest oil...

November 25, 2019
Oil Prices Advance, as Sino-U.S. Commercial Standoff Eases
Oil Prices Advance, as Sino-U.S. Commercial Standoff Eases

Oil rates advance on Monday, opening the week on a major note after positive comments on the potential for a trade deal between the world’s...

November 22, 2019
Oil Rebounds From High Levels on Trade Deal Doubts
Oil Rebounds From High Levels on Trade Deal Doubts

Oil rates slipped from almost 2-months highs on Friday amid continuing uncertainty over whether SIno-U.S. sides could reach a preliminary trade...

November 21, 2019
Oil Prices Drop on U.S. Stockpiles Increase
Oil Prices Drop on U.S. Stockpiles Increase

Oil prices went down on Thursday after adding more than 2 percent during the prior session after report, that showed the U.S. reserves grew amid...

November 20, 2019
Saudi Kingdom’s Policy Aims at Promoting Oil Market Stability
Saudi Kingdom’s Policy Aims at Promoting Oil Market Stability

Saudi Arabia’s Leader Salman mentioned on Wednesday that the kingdom’s oil policy has the target to encourage stability in global oil...

Oil Prices Close to Flatline Amid Stocks Oversupply Concerns
Oil Prices Close to Flatline Amid Stocks Oversupply Concerns

Oil prices slip for the third day in a row on Wednesday amid increased U.S. stocks, which has raised concerns about a slowdown in the global...

November 19, 2019
Oil Rates Drop Again Amid Sino-U.S. Talks Uncertainty
Oil Rates Drop Again Amid Sino-U.S. Talks Uncertainty

Oil prices were declining on Tuesday, extending the negative move for the second day in a row as new market worries raised due to uncertain...

November 18, 2019
Oil Prices Mixed as Trade-Talk Optimism Assessed
Oil Prices Mixed as Trade-Talk Optimism Assessed

Oil prices are little changed on Monday after rising last week, Sino-U.S. trade talks still in focus, ignoring the permanently growing oil supplies.

November 15, 2019
Oil Rises on Emerging Hopes For OPEC Supply Controls
Oil Rises on Emerging Hopes For OPEC Supply Controls

Oil rates rose on Friday as OPEC's standpoint for oil request one year from now energized expectations that the maker gathering and its...

November 14, 2019
Oil Gains due to U.S. Stocks Decline, OPEC Comments Differ
Oil Gains due to U.S. Stocks Decline, OPEC Comments Differ

Oil rates grow on Thursday after economic data showed a sudden decline in U.S. oil reserves. A further support for crude rates was announcement of...

November 13, 2019
Oil Prices Dip as Trade Deal Hopes Abate
Oil Prices Dip as Trade Deal Hopes Abate

Oil rates declined on Wednesday as hopes for a Sino-U.S. trade deal eased, affecting the whole perspective for the all-encompassing economy and...

November 12, 2019
Oil Prices Grow Foreseeing Trade Negotiations Resuming
Oil Prices Grow Foreseeing Trade Negotiations Resuming

Oil prices begin to grow on Tuesday anticipating news about U.S.-China trade talks ahead of U.S. President Donald Trump's speech within a...

November 11, 2019
Oil Drops on Trade Deal Confusion and Inventories Excess
Oil Drops on Trade Deal Confusion and Inventories Excess

Oil prices declined on Monday amid concerns over the further development of U.S.-China trade negotiations and reports of U.S.inventories abundance....

November 8, 2019
Oil Rates Change Heading Due to New Trade Confusion
Oil Rates Change Heading Due to New Trade Confusion

Oil prices reverse their strong gains during the previous session on Friday amid fresh uncertainty signs regarding the prospects for a long-awaited...

November 7, 2019
Hopes for Retaliatory Tariffs Removal Push Oil Above $62
Hopes for Retaliatory Tariffs Removal Push Oil Above $62

Oil prices jumped above $62 per barrel on Thursday after China announced progress in trade deal talks with the U.S., refreshing hopes for an end to...

November 6, 2019
Oil Rates Slip On Back of U.S. Reserves Increase
Oil Rates Slip On Back of U.S. Reserves Increase

Crude prices dropped  on Wednesday morning after fresh API data, which showed that U.S. inventories grew by 4.26 million barrels though it was...

November 5, 2019
OPEC Shows Decreased Oil Supply, With Projections to 2040
OPEC Shows Decreased Oil Supply, With Projections to 2040

OPEC posted a slashed forecast for global oil demand over the medium term. A report showed that world’s oil supply from non-OPEC countries to...

November 4, 2019
Oil Prices Tumble in Run-Up to Economic Reports
Oil Prices Tumble in Run-Up to Economic Reports

Crude rates dropped slightly on Monday as traders got profit in run-up to new European and U.S. economic data, despite refreshed hopes for progress...

November 1, 2019
Oil Prices Rise But May Face Weekly Drop Due to Trade Fears
Oil Prices Rise But May Face Weekly Drop Due to Trade Fears

 Oil prices rose on Friday, but may weaken by about 4 percent at weekly rate due to fresh global supply and demand uncertainties.

October 31, 2019
Oil Ticks Up, Ignoring Stocks Rise; China Stimulus in Focus
Oil Ticks Up, Ignoring Stocks Rise; China Stimulus in Focus

Crude prices advanced on Thursday as investors were betting on more economic incentives by China, in particular after weak PMI data. The prices for...

October 30, 2019
Oil Prices Dip as Demand Worries Overshadow Drop in Stocks
Oil Prices Dip as Demand Worries Overshadow Drop in Stocks

Oil prices declined on Wednesday due to worries over a potential postponement in the settlement of the Sio-U.S. trade dispute, which outweighed the...

October 29, 2019
BP’s Q3 Profit Decreases Amid Lower Oil Prices
BP’s Q3 Profit Decreases Amid Lower Oil Prices

The British oil company BP reported about its Q3 profit results amid oil prices decrease, lower production and one-time write-offs associated with...

Saudi Aramco Plans to Start Planned IPO on Nov. 3
Saudi Aramco Plans to Start Planned IPO on Nov. 3

Saudi Aramco plans to report the beginning of its IPO on Nov. 3, three individuals with direct learning of the issue told Reuters, following...

October 28, 2019
Oil Prices Dip on Gloomy Earnings Data Out of China
Oil Prices Dip on Gloomy Earnings Data Out of China

Oil prices declined on Monday after upbeat results last week, as subdued data from China refreshed signs that its economy is slowing, although...

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.

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree