U.S. stocks open higher after jump in oil, China data
U.S. stocks opened slightly higher Thursday as better-than-expected data from China and rising commodity prices…
Browsing Tag
Oil
Egypt seeks oil outside its borders for first time
Egypt bought a stake in a block in Iraq from Kuwait Energy making it the first time in Egypt's history to explore…
Oil Prices Remain Low on Equity Market Rout, Commodity Slump
Oil prices struggled to recover in Asian trade Tuesday, after falling sharply overnight due to bearish sentiment…
Shell to cease further exploration in Alaska
Royal Dutch Shell Plc (RDSa.L) said it would cease exploration activity in offshore Alaska for the "foreseeable…
Oil prices rise as U.S. drilling declines
Oil rose by more than 1 percent on Monday after data showed U.S. drilling slowed and a report said $1.5 trillion…
Brent crude oil edges above $50 after U.S. stockdraw, lower production
Brent crude oil prices edged above $50 per barrel for the first time in a week on Thursday as lower stocks in the…
Oil prices extend gains on stock-draw, U.S. crudes outperform Brent
U.S. oil prices extended gains on Wednesday on an unexpected stockpile draw and higher gasoline prices, while…
OPEC says the world will want more of its oil by 2016
OPEC on Monday predicted higher demand for its crude oil next year, sticking to its view that a strategy of letting…
Oil prices mostly steady, but weak Asian economy weighs
Brent crude oil prices edged down slightly on Tuesday as Asia's economic weakness persisted, extending losses into…
Oil prices dip as demand stalls, but U.S. supported by rig cut
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some…
