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Brent crude edges up as oil prices remain supressed
The price of oil rose slightly on Thursday but still hovered around seven month lows, as an ongoing supply glut continues to weigh on...
Oil prices recover slightly but remain near 2017 lows
Oil prices moved up from their recent lows on Friday, but excess supply continues to put downward pressure on the market.
The price of oil...
Centre-left coalition may be good for sterling, says JP Morgan
Strategists at JP Morgan have today released a note to the media suggesting that a coalition led by Labour may actually cause the pound...
Oil prices jump over 2pc as Russia and Saudi extend cuts
Oil prices jumped over 2 percent on Monday, after Saudi Arabian and Russian oil ministers confirmed their intention to extend supply cuts into 2018.
The...
BP inks paper on US$3.2bn of deals in 3 days
BP's deal making sector has been busy putting pen to paper signing up new deals with an investment of almost US$1bn in a partnership...
Oil prices jump as OPEC begin meeting in Vienna
Oil prices jumped over 5 percent on Wednesday morning on hopes that OPEC may agree an output cut at its meeting in Vienna.
The 14-country...
OPEC deal causes markets to surge
The first OPEC cut in oil production since 2008 sent markets surging on Thursday, lifting the price of oil between 6 and 7 percent.
The...
US Non-Manufacturing PMI down, Dollar falls – What will the Fed...
Data released by the Institute for Supply Management (ISM) at 3pm on Tuesday afternoon showed business conditions worsening in the US non-manufacturing sectors in...
Is this the end of the oil industry?
Oil is one of the main drivers of the global economy, but prices went into freefall at the start of this year with rates...
Russia – Saudi Arabia oil market deal, Oil futures back below...
After an initial jump in oil futures, fuelled by the Russian - Saudi Arabian announcement of cooperation on strategies to stabilise the oil market,...
