Investing.com – Crude was motivated for weekly gains of 2% to the back of support for the extension in the production curb. Was developed morning trade, oil prices were clawing back from prior losses and breached positive territory.
The U.S. West Texas Intermediate crude December contract gained 30 cents, or...
Investing.com – Oil prices settled higher on Friday buoyed by growing expectations that Opec will agree to extend output cuts beyond March 2018 following bullish comments from Saudi Arabia Crown Prince Mohammed bin Salman.
On the latest York Mercantile Exchange crude futures for December delivery rose by 2.4% to pay...
The total U.S. rig count fell by 4 to 909 following last week's decline of 15, the seventh drop in the count during the last two months, Baker Hughes says rolling around in its latest survey.
However, the oil rig count rose by 1 to 737 while gas...
Brazil auctioned off six of eight exploration blocks in the present historic opening of their coveted pre-salt offshore oil region to foreign operators, exceeding the government's expectations with commitments for 6.15B reais ($1.88B) in signing bonuses.
Royal Dutch Shell (LON:RDSa) (RDS.A, RDS.B) was especially active, winning stakes by...
Crude oil pries fell in Asia on Friday using the market cautious as OPEC member and major producer Venezuela reportedly faces problems making payments on bonds issued for the state oil company PDVSA is actually U.S. rig count data ahead.
On the newest York Mercantile Exchange crude futures for December...
LONDON (Reuters) - The fog may be cleared in advance of OPEC's next policy meeting by Saudi Arabia and Russia declaring their support for extending a major international deal to take oil supplies for an additional nine months, OPEC's secretary general told Reuters on Friday.
The Organization in the Petroleum...
NEW YORK (Reuters) - Oil prices jumped a couple of percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support on the list of world's top producers for extending an offer to rein in output and because the dollar retreated from three-month peaks.
Saudi Arabia...
Gold prices hit near to a three-week much less Friday as dollar strength continued that will put pressure over the jewelry and risk appetite for equities remained under way.
On the Comex division of your Ny Mercantile Exchange, gold for December delivery lost $0.57, or about 0.04%, to $1.269.03 a...
(Bloomberg) -- Venezuela’s state-run oil company said hello transferred the funds for making an $842 million principal payment on its bonds due Friday, overcoming the initial of a lot of hurdles the land will face in future the way it seeks in order to avoid sinking into default.
The announcement...
According to Japan’s Sankei Shimbun on January 17, the reporter learned that Japan, the United States, Australia and India have begun to strengthen cooperation in the field of rare earths and rare metals in order to obtain stable supplies. Intergovernmental consultations will be held at the end of 2020,...
