Oil stable as strong Chinese demand eases concern of ongoing glut
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude…
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glut
Oil, dollar, energy shares and bond yields leap on OPEC deal
Oil prices and energy shares swept higher on Thursday after OPEC agreed to cut crude output to clear a glut, while…
Oil edges lower amid scepticism about output freeze
Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an…
Oil prices fall on oversupply concerns despite output cuts
Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale…
Oil rises after big losses; glut concerns likely to persist
Crude prices rose on Thursday to recoup some of their big losses from the previous session, but gains are likely to…
Oil drops on IEA glut warning, rise in U.S. stocks
Oil fell on Wednesday as the International Energy Agency (IEA) warned that a global supply glut continued to weigh…
Oil prices stabilize after Brexit vote, but refined products glut looms
Oil prices stabilized on Monday as market participants better absorbed the shock of last week's vote in Great…
Obama, Australia’s Turnbull discuss global steel glut
U.S. President Barack Obama and Australian Prime Minister Malcolm Turnbull on Thursday discussed by telephone the…
Oil prices gain as supply disruptions outweigh brimming storage
Oil prices rose on Tuesday as supply disruptions in Canada and elsewhere that have taken some 2.5 million barrels…
Oil up, marking third week of gains as market sentiment improves
Oil prices rose on Friday and notched their third straight week of gains as market sentiment turned more upbeat…
