The price per barrel is again below $ 40 More drilling platforms are currently operating in the US

Yesterday oil went backwards after data showing that drilling platforms increased in the US for the first time since December, renewing fears of an oversupply after a plan to halt the pumping that helped the market to reach its highest level of the year. Energy firms added a...
Posted On 19 Mar 2016
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Barrel of oil falls below the $ 50 in New York

The price of a barrel of oil fell sharply on Monday, January 5 in New York, even falling during the day below the $ 50, in a marketconcerned by the oversupply. The fall was accentuated in the new year´s eve, and the “light sweet crude” (WTI) for February delivery gave...

Barrel price of oil drops at $ 57.81

lOil prices in New York again fell hard on Friday December 12, to a minimum of five and a half years after a cut demand forecasts by the International Energy Agency (IEA). A barrel of “light sweet crude” (WTI, the benchmark crude for Ecuador) for January delivery fell...