WTI Crude

Russia's participation is less than certain after Kremlin expresses concern about length of the proposed extension.

Gaurav Sharma Nov 30, 2017

The price of oil has risen quickly over the last week or so. However, substantial evidence indicating fundamentals have changed to justify such a speedy increase is yet to emerge.

Marcus Dewsnap Nov 10, 2017

Mohammed Sanusi Barkindo urges American oil producers to reduce production in a bid to prop up crude oil prices.

Gaurav Sharma Oct 10, 2017

Brent futures spike on anticipation of higher demand and geopolitical tension.

Gaurav Sharma Sep 26, 2017

ExxonMobil's 12-year reign at the top comes to an end as lower oil price sends it tumbling down the pecking order.

Gaurav Sharma Sep 25, 2017

Record rainfall causes severe flooding and takes 2.2m bpd of US refinery output offline.

Gaurav Sharma Aug 29, 2017

Gasoline prices respond to possible disruption as refineries, ports and exploration sites are closed with "life-threatening" storm in sight.

Gaurav Sharma Aug 25, 2017

Think-tank predicts slow 'rebalancing' of stubbornly high oil inventories.

Gaurav Sharma Aug 11, 2017

Selected Opec and non-Opec producers to meet again in a bid to improve compliance with cuts as Washington targets Opec member.

Gaurav Sharma Jul 31, 2017

Shell, Total, Statoil and Repsol post encouraging quarterly financials and hint at recovery from three-year long decline.

Gaurav Sharma Jul 27, 2017

Cartel has asked for a cap on Nigerian output, and called on several members to boost compliance.

Gaurav Sharma Jul 24, 2017

Latin American country says it won't be able to play its part in ongoing production cuts on financial grounds.

Gaurav Sharma Jul 19, 2017

Recognition of profound challenges the oil and gas sector faces was visible at the World Petroleum Congress but its actions not words that matter.

Gaurav Sharma Jul 16, 2017

Dudley tells IBTimes UK that digitisation and process optimisation will help BP break-even in the $30 range.

Gaurav Sharma Jul 12, 2017

Standard Chartered's Peter Gaw says industry should get real and accept an era of low prices.

Gaurav Sharma Jul 10, 2017

Crude benchmarks suffer as oversupply concerns continue to weigh on trading sentiment.

Gaurav Sharma Jun 22, 2017

Brent, WTI futures register heavy losses as American rig count rises for 22nd consecutive week.

Gaurav Sharma Jun 20, 2017

Brent and WTI contracts hammered as fears of crude supply glut escalate.

Gaurav Sharma Jun 14, 2017

Global crude benchmarks continue to slide saddled with US oversupply fears and Qatar's diplomatic row.

Gaurav Sharma Jun 08, 2017

Rising stockpiles of US crude oil add to the downside drag of the Qatar diplomatic row.

Gaurav Sharma Jun 07, 2017

Brent, WTI slide further as Doha calls for dialogue with irate neighbouring countries.

Gaurav Sharma Jun 06, 2017

Decision by several Saudi-led Middle Eastern nations to sever ties with Doha sent oil futures tumbling.

Gaurav Sharma Jun 05, 2017

Lower demand and technical correction took a heavy toll on the precious metal in Asian and European trading.

Gaurav Sharma Jun 01, 2017

Uptick in Libyan production and rising number of US rigs spooks oil futures market.

Gaurav Sharma May 31, 2017

Brent, WTI contracts lost further ground as US rig count rose and traders were unconvinced by producers' cuts.

Gaurav Sharma May 30, 2017

US President's plan to sell half of his country's crude oil reserves fails to unnerve Opec members.

Gaurav Sharma May 26, 2017

Russian and Saudi oil ministers broker deal between 24 producers to extend their ongoing output cuts.

Gaurav Sharma May 25, 2017

Khalid Al-Falih also said he was not concerned about US shale production and described it as necessary.

Gaurav Sharma May 25, 2017

Most crude producers want production cuts to be extended for 6 to 9 months but Kuwait wants more.

Gaurav Sharma May 24, 2017

An influential oil producers' committee has proposed rolling over ongoing output cuts.

Gaurav Sharma May 24, 2017