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Oil prices increase due to weaker dollar

2017-06-27 01:00:00| Offshore Technology

Oil prices have risen for the fourth consecutive session due to a weaker dollar, with gains limited due to persistent concerns about the global oversupply.

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Oil prices drop further on persisting glut concerns

2017-06-22 01:00:00| Offshore Technology

Oil prices have continued to fall after a period of brief gains as the global market remains oversupplied.

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Oil prices remain at multi-month lows as market remains oversupplied

2017-06-21 01:00:00| Offshore Technology

Oil prices have remained near multi-month lows as global market remained oversupplied despite evidence of strong compliance by OPEC and non-OPEC producers to reduce output.

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Oil prices trade at seven-month lows pressured by oversupply

2017-06-20 01:00:00| Offshore Technology

Oil prices have marginally recovered after slipping to nearly seven-month lows on reports of an increase in supply that negated the production-cut initiative by OPEC and other producers.

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Oil prices fall as US drilling continues to rise

2017-06-19 01:00:00| Offshore Technology

Oil prices have declined due to a continuous increase in the US drilling that maintained global oversupplies, undermining OPEC's efforts to revive the market.

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