Tags » CRUDE Oil Prices

Brent crude jumps to highest since mid-2015 after North Sea pipeline outage

CNBC

  • Brent oil prices jumped 1.5 percent on Tuesday to their highest since mid-2015
  • Britain’s Forties oil pipeline was closed for repairs after several cracks were revealed…
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Oil prices steady as Chinese demand counters stronger dollar

CNBC

  • Oil prices were stable on Friday
  • The firmer dollar weighed on prices although that was balanced by China’s booming oil demand
  • On a fundamental basis, prices have been receiving support from OPEC, which has been withholding supplies to tighten the market and prop up prices…
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Crude Oil Prices

Weekly Outlook: December 4 – 8

 

© Reuters. Oil prices rise toward 2½-year highs on OPEC cuts

Investing.com – Oil finished higher on Friday, with prices climbing back toward their best level since July 2015 after OPEC and other crude producers… 604 more words

Norway’s $1 Trillion Wealth Fund Looks To Dump Oil & Gas Stocks

Oilprice.com

By Nick Cunningham 

The global campaign to divest from fossil fuels may have just picked up its most significant ally to date – the largest sovereign wealth fund in the world. 748 more words

China’s refiners raised crude oil processing runs to near record monthly levels in October

REUTERS

Reuters Staff

BEIJING (Reuters) – China’s refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country’s state planner hiked prices for gasoline and diesel at the pump. 314 more words

The current crude oil situation: A bear or a bull?

Crude oil is a naturally occurring substance which is found in certain rock formations in the earth. The combination of increasing temperature and pressure on the organic mixtures found deep in the earth causes it to change in to crude oil. 538 more words

The Economy

Here are the world's top 10 oil producers

CNBC

OPEC and Russian officials have called on some of the world’s leading oil producers, both inside and outside the cartel, to form a consensus and back a supply curb until the end of 2018. 590 more words