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Oil prices fall as doubts over OPECs ability to rebalance market increases
2017-08-09 01:00:00| Offshore Technology
Oil prices have declined as doubts over OPECs capacity to curb crude supplies strengthen, completely negating the gains received from the reports of a drop in US oil inventories.
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Oil prices marginally gain as Saudi Arabia plans to cut exports
2017-08-08 01:00:00| Offshore Technology
Oil prices have gained marginally after reports of lower crude supplies from Saudi Arabia set to start next month negated the impact of the ongoing high output from prominent exporters, including the US.
Oil prices remain near nine-week highs
2017-08-07 01:00:00| Offshore Technology
Oil prices have slipped but still rallied near nine-week highs with the support from falling rig counts and strong jobs data in the US, but the market remained oversupplied due to higher production from the Organization of the Petroleum Exporting Cou
Oil prices fall as high OPEC supplies negate drop in US inventory
2017-08-03 01:00:00| Offshore Technology
Oil prices have slipped due to persistent high supplies from Organization of the Petroleum Exporting Countries (OPEC) producers.
Oil prices fall as US and OPEC output improves
2017-08-02 01:00:00| Offshore Technology
Oil prices have dropped following reports of rising US crude stocks and oversupplies from OPEC.
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