Oil prices climb on expectation of OPEC-led output cut
Oil prices rose around 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein oversupply…
Browsing Tag
Organization of the Petroleum Exporting Countries (OPEC)
Oil prices extend rally, shrug off US stock build
Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in U.S. crude…
China becomes world’s Top Crude buyer despite Economy Stuttering
China overtook the United States as the world's top importer of crude oil for the first time in April, and its…
Oil Prices hit Fresh 2015 high on weaker Dollar, Libya Supply woes
Oil prices rose more than $1 to fresh 2015 highs on Wednesday, continuing a month-long rally that has been…
Oil down on U.S. Stock Build, record Saudi Output
Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly increase in…
