Oil market news



Oil prices drop on potential relaxation of global crude output cap

Oil prices drop on potential relaxation of global crude output cap

Crude prices slipped on Friday on concerns that OPEC and Russia will ease supply limits to offset disruptions in Venezuela and an anticipated fall in Iran's exports. 


May 24, 2018
Oil prices freeze under $80 as OPEC ponders on raising production
Oil prices freeze under $80 as OPEC ponders on raising production

Oil prices slid today, weighed by possible rise in OPEC’s production, unseen from 2016, due to worries of supply disruptions from Venezuela...

May 21, 2018
Crude prices climb on easing trade tensions between China and U.S.
Crude prices climb on easing trade tensions between China and U.S.

Oil prices gained on Monday as investors assessed news that U.S. has pulled back from launching a trade war with China, pointing at easing...

May 18, 2018
Oil stays near top levels of several years
Oil stays near top levels of several years

Prices of oil remain strong today fueled by high demand, OPEC’s continuing efforts to curb production, and potential renewal of U.S....

May 17, 2018
Oil prices at their highest since late 2014, Brent nears $80
Oil prices at their highest since late 2014, Brent nears $80

Oil peaked reaching top levels since November of 2014 yesterday, while Brent edges towards $80 for a barrel at the time when supply contracts and...

May 16, 2018
Oil prices slide on excessive supply
Oil prices slide on excessive supply

Oil waned today, dragged by abundant supply, even though OPEC member-states continue to limit production and the high probability of renewed U.S....

May 14, 2018
Oil drops from multi-year peaks on rise in U.S. drilling, tight market
Oil drops from multi-year peaks on rise in U.S. drilling, tight market

Crude prices on Monday slid from last week’s multi-year top as a continuing growth in U.S. drilling activity pointed to rising output, while...

May 11, 2018
Oil slides from recent peaks, Iran’s exports in focus
Oil slides from recent peaks, Iran’s exports in focus

Crude prices fell on Friday, sliding from multi-year peaks touched on Thursday on hopes that alternative supplies could substitute a looming slump...

May 10, 2018
Oil extends rally, underpinned by Middle East tensions
Oil extends rally, underpinned by Middle East tensions

Crude prices breached multi-year highs on Thursday as investors assessed the perspectives of renewed U.S. sanctions against Iran amid an already...

May 9, 2018
Oil grows fast after U.S. quits Iran nuclear deal
Oil grows fast after U.S. quits Iran nuclear deal

Prices of oil returned to maximums of around 3 and a half years today on the back of the U.S. President’s decision to abandon the Iran...

May 8, 2018
Oil prices drop as investors wait for Trump Iran announcement
Oil prices drop as investors wait for Trump Iran announcement

Oil prices pulled back from 3-1/2 year peak on Tuesday as traders awaited announcement by President Donald Trump on whether the United States will...

May 7, 2018
Crude hits fresh peaks on rising supply concerns
Crude hits fresh peaks on rising supply concerns

Oil prices soared above $70 - their top since late-2014 - on Monday, inderpinned by Venezuela’s deepening economic crisis, while investors...

May 4, 2018
Oil prices firm amid Iran sanctions uncertainties
Oil prices firm amid Iran sanctions uncertainties

Oil prices were stable on Friday after reversing earlier gains, as market worries over the prospect of geopolitical risks rose due to possibility...

May 3, 2018
Wall Street raises oil prices outlook
Wall Street raises oil prices outlook

Wall Street banking analysts upgraded oil prices forecasts for the seventh month in a row, The Wall Street Journal reported. Among the main...

May 2, 2018
Oil rallies ahead of Trump's decision on Iran
Oil rallies ahead of Trump's decision on Iran

Oil prices edged up on Wednesday, buoyed by worries that the U.S. may break 2015 agreement with major crude exporter Iran, although rising U.S....

May 1, 2018
Oil falls, uncertainty with Iranian nuclear deal slows the downward movement
Oil falls, uncertainty with Iranian nuclear deal slows the downward movement

Prices of oil moved down on Tuesday as the U.S. dollar kept around the highest mark in four months, however concerns of Trump’s...

April 30, 2018
Oil prices dip on the rising number of rigs in the U.S., and possible sanctions against Iran
Oil prices dip on the rising number of rigs in the U.S., and possible sanctions against Iran

Oil fell today in view of a risen number of U.S. rigs implying growth of output, though prices were standing around the top levels of past three...

April 26, 2018
Oil grows due to possible reinstatement of sanctions against Iran
Oil grows due to possible reinstatement of sanctions against Iran

Prices of oil climbed today, pushed by anticipation that the U.S. will reintroduce sanctions on Iran, as well as by a fall in Venezuelan...

April 25, 2018
Oil prices are keeping close to over three year highs
Oil prices are keeping close to over three year highs

Oil slightly grew today, getting close to the maximums of three years attained yesterday, while increasing U.S. fuel inventories along with output...

April 24, 2018
Brent at record high since November 2014
Brent at record high since November 2014

Brent climbed throughout six consecutive days today attaining its maximum since November, 2014 of above $75 per barrel, propelled by the view that...

April 23, 2018
Oil moves lower after increase in U.S. rig count
Oil moves lower after increase in U.S. rig count

Prices of oil fell today in view of a grown number of U.S. rigs meaning rising production, which becomes a rare element pressuring crude prices.

April 20, 2018
Investors go back into oil stocks
Investors go back into oil stocks

Previously doubting investors go into oil majors again expecting that subsequent results will turn the tide for energy stocks that have been...

April 19, 2018
Oil moves close to the levels of late 2014
Oil moves close to the levels of late 2014

Prices of oil jumped today to the maximum since late 2014 in view of U.S. crude inventories fall and OPEC’s continuing efforts to support...

April 18, 2018
Oil moves higher in view of U.S. crude inventories fall and risk of supply interruptions
Oil moves higher in view of U.S. crude inventories fall and risk of supply interruptions

Prices of oil grew today, pushed up by new data of U.S. crude inventories drop, as well as by the continuing risk of supply interruptions. 

April 16, 2018
Oil fell after air attacks in Syria, rise in the count of new U.S. rigs
Oil fell after air attacks in Syria, rise in the count of new U.S. rigs

Oil prices declined 1% today following weekend’s air attacks in Syria, with increased U.S. drilling for more oil pulling back prices as...

April 11, 2018
Oil at a record high since the end of 2014 following the U.S. President’s missile threats
Oil at a record high since the end of 2014 following the U.S. President’s missile threats

Oil jumps to record highs in over 3 years today following the U.S. President’s statement of possible missile operation against Syria after...

April 6, 2018
Oil dips following the news of possible new U.S. tariffs on Chinese products
Oil dips following the news of possible new U.S. tariffs on Chinese products

Oil dipped today following the U.S. President’s words of possible new tariffs on products from China, which stirred worries of a trade war...

April 5, 2018
Oil stayed level in view of trade dispute softening and lower U.S. inventories
Oil stayed level in view of trade dispute softening and lower U.S. inventories

Prices of oil stayed rather level today in view of softening in trade dispute between the U.S. and China, as well as an unexpected draw in U.S....

April 4, 2018
Oil prices at the two-weeks minimum following China’s announcement of new tariffs
Oil prices at the two-weeks minimum following China’s announcement of new tariffs

Oil prices today slumped to the minimal level in two weeks after China announced its decision to set new tariffs on certain U.S. products, which...

April 3, 2018
Oil prices stay close to lowest in two weeks pressured by possible trade war
Oil prices stay close to lowest in two weeks pressured by possible trade war

Oil prices climbed back a bit following yesterday’s selloff, though they still hold around the minimums of two weeks pressured by possible...

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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