Oil hovers at 3 ½-year high, with producers seen to ‘boast’ output-cut compliance
Oil futures continued to gain on Thursday, hovering at 3½-year highs after a surprise fall in U.S. supplies, and as…
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Oil prices rise amid risk of supply disruptions
Oil prices rose on Tuesday amid worries there could be a high risk of disruptions to supply, especially in the…
Oil inches lower on expectations for US crude stock build
Oil prices slipped on Wednesday on expectations for a build-up in U.S. crude inventories, but Russian government…
US crude closes 2.5% higher, buoyed by Saudi talk of extending output cuts into 2019
Oil prices rose on Friday after the Saudi energy minister said OPEC would need to keep coordinating supply cuts…
Oil firm on surprise US crude inventory draw, OPEC-led cuts
Oil prices were firm on Thursday, buoyed by a surprise decline in U.S. crude inventories as well as ongoing supply…
Oil prices set for weekly drop as concerns about rising supply weigh
Oil prices were set to fall this week, with both benchmarks dropping slightly on Friday, on concerns among…
Oil prices stable on healthy demand, but oversupply looms later in 2018
Oil prices were stable on Thursday, supported by healthy global demand but held back by the relentless rise in…
Oil steadies after big fall, but soaring US crude output still weighs
Oil prices steadied on Thursday after falling the previous day on the back of record U.S. crude production and…
Oil extends gains on IEA growth forecasts, hopes for OPEC-US shale producer talks
Oil prices extended gains on Tuesday for the fifth straight day, underpinned by robust demand forecasts and…
Oil steady as investors avoid risk assets on equities decline, stronger dollar weighs
Oil prices were little changed on Thursday after falling in the previous two sessions as investors shied away from…