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Oil prices remain stable as fall in OPEC supplies offsets rising US production

2017-09-19 01:00:00| Offshore Technology

Oil prices have remained largely stable as the Organization of the Petroleum Exporting Countries (OPEC) countries indicated a fall in supplies but the impact was largely offset due to rising US shale output.

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Oil prices improve over fall in rig count

2017-09-18 01:00:00| Offshore Technology

Oil prices have improved over the reports of fall in US drilling activity and with the support of rising refinery production after the impact of hurricane Harvey.

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Oil prices fall as another hurricane set to hit Caribbean coast

2017-09-06 01:00:00| Offshore Technology

Oil prices have slipped due to a lack of crude demand as several US refineries in the Gulf coast continue to remain closed after the impact of Hurricane Harvey and growing concern over Hurricane Irma, which is currently advancing towards the Caribbea

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Oil prices fall following North Koreas hydrogen bomb test

2017-09-04 01:00:00| Offshore Technology

Oil prices have dropped after reports of a powerful hydrogen bomb test conducted by North Korea prompted traders to shift their investment to gold futures, a more stable commodity.

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Oil prices fall as refinery production dips in US

2017-08-30 01:00:00| Offshore Technology

Oil prices have fallen marginally, while gasoline prices have risen to their highest since mid-2015 due to extensive flooding following storm Harvey that forced a quarter of refineries in the US to stop production.

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