WTI OPEC

Reuters: Oil prices on track for longest weekly gains in years amid tense global market

Oil has been driven up by supply cuts led by the Organization of the Petroleum Exporting Countries and U.S. sanctions on Venezuela and Iran.

09:00, 26.04.2019

Reuters: Oil steady as U.S. gasoline glut offsets Venezuela turmoil

U.S. crude inventories sharply rose by 8 million barrels last week.

18:58, 24.01.2019

Reuters: Oil dips on rising U.S. crude inventories, darkening economic outlook

Sentiment was also clouded by a darkening economic outlook which could start impacting oil demand, traders said.

08:55, 15.08.2018

Reuters: Oil prices inch up on Saudi output cut, but slowing economic growth drags

The OPEC report said it expected world oil demand to grow by 1.43 million bpd in 2019, down from 1.64 million bpd in 2018.

08:55, 14.08.2018

Reuters: Oil prices rise on Iran sanctions worries, falling Venezuelan output

Further pushing oil prices has been declining output in Venezuela, OPEC's biggest producer in Latin America.

08:55, 26.04.2018