Oil hovers near 3 months-lows as investors await data
Crude oil prices hovered near three-month lows on Tuesday in Asian trading, with investors waiting for key reports…
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OPEC
Oil prices fall in 3 months as US rig count rises
Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged…
Saudi Arabia tells US oil firms: Don’t expect OPEC cuts to offset rising shale output
Senior Saudi energy officials told top independent U.S. oil firms in a closed-door meeting this week that they…
Oil prices could climb $10 a barrel if OPEC extends output cap deal: analyst
It has been a troubled week for oil prices, which fell to below the $50 a barrel threshold for the first time this…
Oil rises on output cuts, but US stockpiles drag
Oil prices climbed on Thursday after sharp losses the session before, buoyed by strong compliance with touted…
Asian markets under pressure, China trade data eyed
Asian equities were in the red on Wednesday amid mounting geopolitical risks in the region and rising expectations…
US oil prices drop on rising shale petroleum forecasts
U.S. oil prices eased in Asian trade on Tuesday after the International Energy Agency (IEA) forecast U.S. shale…
Asia markets mixed, Aussie dollar strengthens after RBA holds rates unchanged
Asian shares wavered on Tuesday as investors ponder increased expectations that the Federal Reserve could tighten…
Asian markets cautious as geopolitical risks heighten
Asian shares were warily mixed on Monday, as geopolitical risks in Asia heighten after North Korea fired multiple…
Oil settles at $53.33 a barrel, up 72 cents
Oil prices surged on Friday, as a weaker dollar encouraged buying but investors remained cautious after Russian…