Oil market news


Oil drops on indications of big U.S. stockpile build

Oil drops on indications of big U.S. stockpile build

On Thursday oil rates facilitated after industry figures showed a bigger than-anticipated develop in stocks in the U.S., even though misfortunes were constrained by remarks by U.S. Treasury Secretary Steven Mnuchin on a Sino-U.S. economic agreement.


October 16, 2019
Oil rates advance as OPEC clues to deeper yield trims
Oil rates advance as OPEC clues to deeper yield trims

On Wednesday oil rates edge higher, following additions in stocks, as traders stuck expectations on a potential Brexit agreement among Britain and...

October 15, 2019
Oil tumbles on poor Chinese figures
Oil tumbles on poor Chinese figures

On Tuesday oil rates dropped, after rough losses during the last session, as two days of poor Chinese numbers added to stresses over the top crude...

October 14, 2019
Exxon to invest $500 million in Mozambique LNG venture
Exxon to invest $500 million in Mozambique LNG venture

Exxon Mobil plans to invest more than $500 million in the initial development period of its LNG venture in Mozambique. 

October 11, 2019
Oil rates add 2% after Iranian oil tanker explosion
Oil rates add 2% after Iranian oil tanker explosion

On Friday oil rates hopped by 2 percent after Iranian media said a state-claimed oil tanker was struck by two rockets in the Red Sea close to Saudi...

October 10, 2019
Oil rates plunge on China-U.S. trade deal anxiety
Oil rates plunge on China-U.S. trade deal anxiety

On Thursday oil rates weakened on the anticipations that the resumption of Sino-U.S. negotiations won't end the exchange row between the...

October 9, 2019
Oil tumbles as Sino-U.S. exchange issues may cap demand
Oil tumbles as Sino-U.S. exchange issues may cap demand

On Wednesday oil rates slipped for the third session in a row as pressures heightened between the Washington and Beijing before the current...

October 8, 2019
Oil rises on Iraq agitation, demand fears on hold
Oil rises on Iraq agitation, demand fears on hold

On Tuesday oil rates gained as distress in oil makers Iraq and Ecuador raised stockpile worries and demand concerns were put on hold as traders...

October 7, 2019
Crude gains on Sino-U.S. exchange talks concerns
Crude gains on Sino-U.S. exchange talks concerns

On Monday oil rates advanced floated by expectations of advancement in Sino-U.S. exchange negotiations and bolstered by difficulties to supply...

October 4, 2019
Oil advances but still disposed for large weekly loss
Oil advances but still disposed for large weekly loss

Oil prices were up in run-up to the weekend remaining on their path for large weekly losses on worries that weaker economic growth could affect the...

October 3, 2019
Oil prices halt sharp losses; Ecuador leaves OPEC
Oil prices halt sharp losses; Ecuador leaves OPEC

Oil futures reduced the losses on Thursday, as concerns over the deterioration global economic outlook, that worsened the prices for crude gave way...

October 2, 2019
Oil prices recover, crude market back to normal
Oil prices recover, crude market back to normal

Oil futures managed to recover on Wednesday, after slipping the day before amid weak U.S. economic data that slashed crude demand outlook and put...

October 1, 2019
Oil prices try to grow; Saudi Arabia restores its full output
Oil prices try to grow; Saudi Arabia restores its full output

The Saudi Arabia’s State Oil Corporation Saudi Aramco managed not only to resume crude output in full, but also decided to increase dividend...

September 30, 2019
Oil extends losses, despite fact rigs number in U.S. reduced
Oil extends losses, despite fact rigs number in U.S. reduced

Oil prices extended the previous week tumble, when the crude value touched its lowest level for 2 months.

September 27, 2019
Oil mixed as market participants assess Saudi fast recovery
Oil mixed as market participants assess Saudi fast recovery

Oil prices were mixed on Friday due to signals of a fast recovery in Saudi Arabia production after the recent facilities attacks, triggering a...

September 26, 2019
Oil prices grow after U.S.President comment about trade deal
Oil prices grow after U.S.President comment about trade deal

Oil traded without clear dynamics in Thursday’s early session after U.S. President’s comments that a trade agreement with China could...

September 25, 2019
Oil continues to drop after U.S. President criticized China
Oil continues to drop after U.S. President criticized China

Oil prices continue to fall on Wednesday amid concerns over weakening crude demand after criticisms by the American president that weakened hopes...

September 24, 2019
Oil prices drop with Saudi Arabia crude output resumption
Oil prices drop with Saudi Arabia crude output resumption

Oil prices drop on Tuesday as Japan’s and Europe’s sparing manufacturing data evoked market attention on a gloomy demand prospective...

September 23, 2019
Oil added 1% on Saudi supply issues, Mideast strains
Oil added 1% on Saudi supply issues, Mideast strains

On Monday oil rates climbed over 1 percent on questions over how quick Saudi Arabia can reestablish full crude yield following an attack prior to...

September 20, 2019
Oil prices moves muted, but supply concerns weigh
Oil prices moves muted, but supply concerns weigh

Oil prices recoil on continued worries about the Saudi Arabia oil supply stability as tensions between Iran and Saudi Arabia deepened after a...

September 19, 2019
Oil prices resume growth as Saudi supply risks in limelight
Oil prices resume growth as Saudi supply risks in limelight

Oil prices restarted rising on Thursday, supported by supply concerns in connection to the recent Saudi Arabia oil refineries damage and U.S....

September 18, 2019
Oil prices mixed on Saudi Arabia crude supply assurance
Oil prices mixed on Saudi Arabia crude supply assurance

Oil prices mixed on Wednesday, as markets asses Saudi Arabia report, that its full oil production would be resumed nearer to the end of this month,...

September 17, 2019
Oil dips as markets assess Saudi attack knock-on effects
Oil dips as markets assess Saudi attack knock-on effects

Oil prices began to slip on Tuesday, although the market remains in a gridlock over the threat of tit-for-tat measures after attacks on Saudi...

September 16, 2019
Saudi crude attacks put focus on global crisis reserves
Saudi crude attacks put focus on global crisis reserves

Governments worldwide may need to pursue U.S. President Donald Trump's transition to tap crisis oil reserves if major exporter Saudi Arabia...

Oil soars after recent attacks, weak China data weighs
Oil soars after recent attacks, weak China data weighs

Oil prices soared to 4-month top result on Monday after several attacks on Saudi Arabia crude facilities over weekend sparking stores concerns,...

September 13, 2019
Demand fears weigh, oil prices mixed, despite trade optimism
Demand fears weigh, oil prices mixed, despite trade optimism

Oil prices were mixed on Friday as fears over a slowdown in the global economy and demand for this commodity overshadowed signs of progress in the...

September 12, 2019
Oil prices grow on trade optimism and U.S. inventories drop
Oil prices grow on trade optimism and U.S. inventories drop

Crude remained positive on Thursday, managing to recover some recent losses registered during the prior settlement on the back of trade friction...

September 11, 2019
OPEC diminishes oil demand estimates to avert oversupply
OPEC diminishes oil demand estimates to avert oversupply

OPEC curtailed its estimates for 2020 growth of oil global demand on Wednesday owing to an economic slowdown, pointing out simultaneously the need...

September 10, 2019
Saudi Aramco ready for IPO as abroad so in local market
Saudi Aramco ready for IPO as abroad so in local market

The Aramco head mentioned on Tuesday that the IPO of the state-owned oil company will primarily take place in the local market, but the company is...

Essar Oil UK going to increase U.S. oil refining up to 40%
Essar Oil UK going to increase U.S. oil refining up to 40%

Essar Oil (UK) plans to propel U.S. oil processing at its 200,000 barrels per day Stanlow refinery by March to achieve a 40 percent growth from a...

September 9, 2019
Oil prices grow owing to sector news flow
Oil prices grow owing to sector news flow

Saudi Arabia is going to reduce significantly selling prices for almost all grades of oil exported to Europe in October, according to state-owned...

September 6, 2019
Oil almost steady amid hopes for U.S.-China trade spat end
Oil almost steady amid hopes for U.S.-China trade spat end

Oil prices remain relatively steady on Friday, being too close to the flat level with their benchmarks poised for multi-week gains amid a solid...

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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