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Oil prices improve as crude market continues to tighten

2017-10-11 01:00:00| Offshore Technology

Oil prices have increased for the third consecutive day amid stronger indications that the crude market is gradually tightening following years of oversupply.

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Oil prices rise slightly on signs of market rebalancing

2017-10-10 01:00:00| Offshore Technology

Oil prices have improved after OPEC stated that there are clear signs of rebalancing in the crude market.

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Oil prices stable due to fall in US rig count

2017-10-09 01:00:00| Offshore Technology

Oil prices have remained steady due to fall in US rig count and on increasing expectations that Saudi Arabia would continue to curb its output.

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Oil prices fall as another storm heads towards Gulf of Mexico

2017-10-06 01:00:00| Offshore Technology

Oil prices have fallen as traders have remained cautious over a tropical storm Nate, which is advancing towards the Gulf of Mexico that may cause a further impact to normal operations. 

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Oil prices stable on hopes of possible output cut extension

2017-10-05 01:00:00| Offshore Technology

Oil prices have remained mostly stable amid expectations that prominent oil producing countries Saudi Arabia and Russia can extend the ongoing production cut deal.

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