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Oil prices drop due to increased fuel inventories

2017-07-14 01:00:00| Offshore Technology

Oil prices have fallen amid increased inventories of fuel, as well as due to improving industry efficiency.

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Oil prices fall as IEA reports weak compliance from OPEC

2017-07-13 01:00:00| Offshore Technology

Oil prices have declined following a report by the Paris-based International Energy Agency (IEA) stating that market rebalancing may be delayed due to weak compliance with regard to output cuts among members of the Organization of the Petroleum Expor

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Oil prices grow as US inventories drop

2017-07-12 01:00:00| Offshore Technology

Oil prices have risen above $48 a barrel due to a drop in US stocks by 8.1 million barrels last week.

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Oil prices fall due to oversupply

2017-07-11 01:00:00| Offshore Technology

Oil prices have dropped due to the continued global oversupply, which prompted many banks to reduce price forecasts.

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Oil prices increase as US production drops

2017-07-06 01:00:00| Offshore Technology

Oil prices have risen after US production fell, although the prospect of oversupply in 2018 continues to loom, which has compelled many analysts to reduce their price forecasts.

Tags: increase prices production oil

 

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