Energy Sector

Recent Study Reveals US Holds More Oil Reserves Compared to Saudi Arabia and Russia

Recent Study Reveals US Holds More Oil Reserves Compared to Saudi Arabia and Rus

A recent study revealed that, the United States have higher oil reserves compared to Saudi Arabia and Russia. For the first the U.S has surpassed the oil reserves held by the largest oil exporting nations of the world.

Oil Prices Increase with Pre-Holiday Buying; Rig Counts Gain in the U.S

Oil Prices Increase with Pre-Holiday Buying; Rig Counts Gain in the U.S

On Friday, oil prices moved up before the July 4 holiday and Brent crude also posted its biggest weekly gain in more than a month.

Oil Prices Tumble with British Pound Facing a Fresh Fall

Oil Prices Tumble with British Pound Facing a Fresh Fall

After the results of 'Brexit' vote surfaced the crude oil prices tumble almost 6.8 percent on June 24 but according to some of the analysts, the supply and demand equation is continuing to favor th

Crude Stockpiles Drop in the U. S

Crude Stockpiles Drop in the U. S

On Wednesday, oil prices dropped as crude supplies in the United States slipped to lower than expected levels.

Oil’s Advance Halts as Market Awaits U.S Stock Pile Data and Brexit Poll

Oil’s Advance Halts as Market Awaits U.S Stock Pile Data and Brexit Poll

The oil's advance came to a halt close to $49 per barrel as markets are waiting for U. K's referendum on 'Brexit' and the weekly data on U. S. stockpile.

 

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