Brent

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Oil prices jumped more than 1.5 % on Monday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions heading into 2019.
News ID: 2593    Publish Date : 2018/11/13

Oil prices fell on Monday as the start to US sanctions against Iran's fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.
News ID: 2505    Publish Date : 2018/11/06

The U.S. has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said.
News ID: 2490    Publish Date : 2018/11/04

Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be facing a deficit.
News ID: 2468    Publish Date : 2018/10/29

UAE has begun to increase oil production in the third quarter and expects further increases through this month and November in line with market requirements, according to a tweet by UAE Energy Minister Suhail Al Mazroui.
News ID: 2436    Publish Date : 2018/10/14

Oil markets look “adequately supplied for now” after a big production increase in the last six months, but the industry is coming under strain, the West’s energy watchdog said on Friday.
News ID: 2427    Publish Date : 2018/10/13

The US Energy Information Administration on Wednesday boosted its Brent and WTI crude oil price forecasts on uncertainty over the impact of the looming re-imposition of US sanctions on Iranian crude exports.
News ID: 2411    Publish Date : 2018/10/10

An explosion at Irving Oil's Saint John refinery in New Brunswick failed to buoy markets, and last week's price correction extended into US midmorning trading on Monday.
News ID: 2391    Publish Date : 2018/10/08

Indian buyers reduced US crude purchases and loaded up on Iranian oil ahead of the restart of US sanctions next month and as the WTI- Brent differential narrowed, according to traders and shipping intelligence firm Kpler.
News ID: 2377    Publish Date : 2018/10/06

OPEC’s oil production in September rose by 90,000 bpd from August to 32.85 million bpd—the highest level so far this year, but a plunge in Iranian production partly offset higher production in Saudi Arabia, Angola, and Libya, according to the monthly Reuters survey of OPEC supply.
News ID: 2341    Publish Date : 2018/10/03

Fitch Ratings says Shell, Total and British Petroleum are adjusting their operations to match the realities of an under-$60-barrel price in the long run, according to a new report by Forbes.
News ID: 1933    Publish Date : 2018/02/13

Oil prices fell on Wednesday after a surprise rise in US inventories of refined products in what the market interpreted as a sign of flagging demand.
News ID: 1628    Publish Date : 2017/12/11

Oil prices rose on Friday, nearing their highest levels in more than two years, with buyers attracted by expectations of an extension to a global pact to cut output that has reduced oversupply.
News ID: 1499    Publish Date : 2017/11/04

Iran's light crude extended its rally to $54 per barrel in the week to September 15 along with a global upturn in oil market.
News ID: 1338    Publish Date : 2017/09/24

An agreement between OPEC and non-OPEC producers last year to cut crude supplies has raised Iran's oil revenues by $30 million per day, a deputy oil minister said on Sunday.
News ID: 976    Publish Date : 2017/02/13

Oil prices slipped on Monday, pressured by doubts that large oil producers will reduce production as promised and on expectations that US production would increase again this year.
News ID: 876    Publish Date : 2017/01/17

Oil edged further above $55 a barrel on Tuesday, drawing support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday.
News ID: 797    Publish Date : 2016/12/29