All about Oil prices

Oil
By Edition On Thursday, March 9th, 2017
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Oil slumps to lowest this year as traders focus on record supply

HOUSTON - Investors are finally taking record U.S. oil stockpiles seriously. Oil slumped the most in more than a year after government data showed production cuts from OPEC and other exporters have not been enough More...

Curoil
By Edition On Friday, January 27th, 2017
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Gasoline prices are going up again

WILLEMSTAD – Gasoline and diesel prices are going up again on January 31. Gasoline price goes up by 9 cents per liter, thus from 1.52 to 1.61 guilders at the gas station. Diesel goes up by 12 cents, from 99 cents More...

Oil
By Edition On Friday, November 18th, 2016
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Oil set for first weekly gain in five on OPEC deal optimism

LONDON - Brent crude oil prices were headed for their first weekly gain in five on Friday buoyed by renewed hopes that OPEC might agree production cuts, but a stronger U.S. dollar capped gains. Brent crude oil futures More...

gasoline
By Edition On Friday, October 28th, 2016
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Few changes in fuel prices

WILLEMSTAD – Per November 1 there will not be much change in the fuel prices on the island. Gasoline will remain at 1.51 guilders per liter at the gas station. Diesel will be slightly more expensive; from 1.05 More...

Chinese President Xi Jinping Meets Venezuela's President Nicolas Maduro
By Edition On Tuesday, September 13th, 2016
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Nervous about Venezuela’s instability, China rethinks financial links to country

Back in the 1990's it seemed like an ideal relationship. Venezuela was an oil-rich nation in the Americas whose socialist president, Hugo Chávez, held former Chinese communist leader Mao Zedong in high regard. The More...

venezuela-pdvsa-bonds
By Edition On Monday, June 20th, 2016
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Venezuela says $50 oil is enough to avoid PDVSA default

ST. PETERSBURG - Crude prices around $50/bbl are enough for Venezuela’s state oil producer to avoid a default on its debt, company president and national oil minister Eulogio Del Pino said Thursday in an interview. “$50 More...

oil refinery
By Edition On Friday, June 3rd, 2016
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Venezuelan oil minister Del Pino: “What’s the big deal for bringing oil from the market to Curaçao?”

CARACAS, WILLEMSTAD - Venezuelan oil minister Eulogio Del Pino voiced optimism Thursday about his crisis-hit country’s ability to increase its oil production to 3 million b/d, depending on a hoped-for price recovery. Speaking More...

oil rig
By Edition On Friday, June 3rd, 2016
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Modest recovery World Oil Price: Job and deepwater cuts continue

WILLEMSTAD - Over the past five months oil markets have bounced back considerably since Brent crude hit a low of $28.43 a barrel in mid-January. While there was a similar recovery over the same period in 2015, this More...

Curoil
By Edition On Thursday, May 26th, 2016
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Oil tops $50 as decline in U.S. supplies extends recovery

HOUSTON - According to a Bloomberg report, Oil rose above $50 a barrel for the first time in more than six months as falling U.S. crude supplies accelerated a rebound off a 12-year low. Futures climbed as much as More...

gas
By Edition On Monday, April 4th, 2016
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Oil falls as investors turn cool on production freeze deal

Oil hovered around one-month lows on Monday as investors ditched some of their bullish bets on another price rise and the chances that top exporters will agree to rein in overproduction appeared to fade. This is More...