Oil rises 1% after Saudi Arabia announces Dec. supply cut
Oil rose by about one percent on Monday after top exporter Saudi Arabia announced a cut in supply for December,…
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Oil drops as soaring US production outweighs talk of OPEC output cuts
Oil dipped on Thursday as record U.S. crude output heightened concerns of a return of global oversupply, stoking…
Oil falls amid supplied market, Iran sanction exemptions
Oil fell on Wednesday, extending losses from the previous session, with markets well supplied amid rising…
US crude drops 6.6% this week, settling at $63.14, as fear of oil shortage fades
Oil prices fell on Friday, posting a fourth consecutive weekly loss, as investors worried about oversupply after…
Oil falls one percent amid global stock market slump
Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock…
Oil falls as Saudi Arabia pledges to play responsible role in market
Oil prices dipped on Tuesday after Saudi Arabia pledged to play a "responsible role" in energy markets, although…
Oil well in Egypt’s West Nile Delta begins output
An oil well in Egypt's West Nile Delta has started production, the Ministry of Petroleum and Mineral Resources…
Oil inches up on signs that Iranian crude exports fall further
Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC's third-largest producer,…
Oil falls as Saudi and Russia quietly agree to output rise, US stocks swell
Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories…
Oil rises 1.6%, settling at $73.25, as US sanctions on Iran tighten supply
Oil prices rose more than one percent on Friday, with Brent climbing to a fresh four-year high, as U.S. sanctions…
