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Oil prices down with weak demand, forecast revisions

Oil prices down with weak demand, forecast revisions

Waar Media - 2019-06-18 11:28
WAAR_DUHOK Crude oil prices were down to begin Tuesday as global oil demand is expected to remain weak and global institutions revising down their oil price and economic growth forecasts. International benchmark Brent crude was trading at $60.78 per barr ...
Oil prices down with weak demand, forecast revisions - Waar Media

Oil prices see small increase at week beginning June 24

Waar Media - 2019-06-24 11:52
WAAR_DUHOK International benchmark Brent crude saw a slight increase up to $65.59 a barrel at 0627 GMT while American benchmark West Texas Intermediate (WTI) registered at $58.04, according to official figures on Monday. On Friday, Brent crude traded at ...

Oil prices gain as dollar weakens with dovish Fed

Waar Media - 2019-06-20 17:05
WAAR_DUHOK Crude oil prices were up to start Thursday with gains as American dollar weakened against other currencies after the U.S. Federal Reserve adopted a dovish stance signaling a rate cut this year. After its two-day meeting in Washington, the Fed ...

Gulf crisis: Close up to stricken oil tanker with the US Navy

BBC - 2019-06-20 02:12
The BBC's Mark Lowen sees the damage caused to one of the oil tankers attacked in the Gulf of Oman. ...

Oil up as trade woes abate with Trump, Xi meeting

Waar Media - 2019-06-19 15:44
WAAR_DUHOK Crude oil prices were up to begin Wednesday as U.S. President Donald Trump said he will hold a meeting with his Chinese counterpart Xi Jinping, calming worries that global oil demand would be weak this year. International benchmark Brent crude ...

Oil prices down as output, stocks remain high in US

Waar Media - 2019-06-17 13:25
WAAR_DUHOK Crude oil prices were down to kick off the new week on Monday as crude oil inventories and near record high levels of output in the U.S. continue to keep downward pressure on prices. International benchmark Brent crude was trading at $61.91 pe ...

Iran Summons UK Envoy over London Backing US’ Stance on Oil Tankers Incident

BAS News - 2019-06-15 22:21
ERBIL - Iran summoned the UK ambassador to Iran, Rob Macaire, to its Foreign Ministry on Saturday, over London's claims that Tehran was behind an attack on oil tankers in the Gulf of Oman this week. "During the meeting with Iran's foreign ministry offici ...

Oil prices rebound from losses after rise in US stocks

Waar Media - 2019-06-13 11:47
WAAR_DUHOK Crude oil prices opened higher Thursday, rebounding from major losses that came on Wednesday amid a surprise increase in the U.S.’ crude inventories. The international benchmark Brent crude oil was trading at $61.03 per barrel at 0622 GMT for ...

Oil prices down amid lower oil demand forecast

Waar Media - 2019-06-12 20:05
WAAR_DUHOK International benchmark Brent crude traded at $61.50 per barrel, while American benchmark West Texas Intermediate (WTI) amounted to $52.23 at 07.17 GMT on Wednesday. Prices fell as the U.S. Energy Information Administration (EIA) cut its forec ...

Oil prices increase at week beginning June 11

Waar Media - 2019-06-11 18:33
WAAR_DUHOK International benchmark Brent crude traded at $64.01 per barrel, while American benchmark West Texas Intermediate (WTI) amounted to $54.21 at 07.19 GMT on Monday. The expectations of extending oil production cut agreement between the Organizat ...

Turkey closed down Nûçe Ciwan Agency for the 34th time

ANF - 2019-06-11 11:35
Nûçe Ciwan Agency has been closed down once again by Turkish authorities. ...

Oil prices see decrease at week beginning June 3

Waar Media - 2019-06-03 14:10
WAAR_DUHOK International benchmark Brent crude traded at $61.30 per barrel, while American benchmark West Texas Intermediate (WTI) amounted to $53.06 at 06.56 GMT on Monday. The U.S.’ crude oil production increased by 97,000 barrels per day (bpd) to the ...

Oil prices down following largest weekly drop of 2019

Waar Media - 2019-05-27 15:02
WAAR_DUHOK Crude oil prices were down at trading start on Monday having posted the largest percentage drop of 2019 last week when Sino-U.S. trade tensions hampered global economic growth and demand for oil. International benchmark Brent crude was trading ...

Oil Prices Down With Rising US Crude Inventories

Waar Media - 2019-05-23 14:09
WAAR_DUHOK Oil prices were down to begin Thursday with weekly U.S. crude inventories rising against the market expectation of a decline and with crude oil production in the country remaining at a record high level. International benchmark Brent crude was ...

Oil gains with OPEC signaling output cut extension

Waar Media - 2019-05-20 14:07
WAAR_DUHOK Crude oil prices opened Monday with gains after OPEC signaled it would maintain oil production cuts to support prices in the second half of 2019. International benchmark Brent crude was trading at $73.11 per barrel, posting a 1.24% gain, after ...