Economy Insider

Oil Price Up on low US Inventory

May 11, 2017 admin 0

Crude Oil prices had its best day of the year yesterday – rising above $50 per barrel after a terrible week which saw prices fall as concerns about excess supple rose. The price jump was […]

Economy Insider

OPEC: Damned if they do, damned if they don’t

May 11, 2017 admin 0

As oil prices continue to reflect uncertainty, Organization of the Petroleum Exporting Countries, (OPEC) finds itself in a no-win situation with prices almost certainly to soften over the next year. This would obviously be dire for […]

Forex Insider

Breaking: WTI Oil down 3% on Friday

May 5, 2017 admin 0

Oil prices are down a further 3% on Friday after a 5% crash on Thursday. It appears OPEC driven supply cuts are not sustaining prices as US shale Oil ramps up, Libya production hits and […]