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Tag: oil prices
Fall in oil prices after Saudi Arabias announcement to raise output
2015-06-12 01:00:00| Offshore Technology
Oil prices declined have fallen as Saudi Arabia announced that it would increase output in order to address demand.
Oil prices increase after IEA predict positive demand
2015-06-11 01:00:00| Offshore Technology
Oil prices have increased after a report by the International Energy Agency (IEA) predicted that there will be stronger demand.
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Oil prices edge up as US inventories set to decline
2015-06-10 01:00:00| Offshore Technology
Oil prices edged up on Wednesday as the US inventory is set record larger than expected fall, signalling healthy demand in the world's top oil consuming country.
Petrobras (PBR) Stock Gains as Oil Prices Increase
2015-06-09 19:16:04| Oil & Gas - Topix.net
WTI crude oil for July delivery was up 3.1% to $59.96 a barrel early Tuesday afternoon, and Brent crude oil for July delivery was up 3.1% to $64.66 a barrel. Oil prices were falling after the U.S. Energy Information Administration said it expects shale oil production to fall by 91,000 barrels a day to 5.5 million barrels a day in July when compared to June production rates, according to the Wall Street Journal .
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Seasonal demand drives oil prices rise
2015-06-09 01:00:00| Offshore Technology
Oil prices have risen due to seasonal demand in developed economies.
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