US crude rises 30 cents, settling at $53.25, amid trade and output cut uncertainty
Oil prices pared gains in a volatile trade on Tuesday as fears flared that demand would stall due to a trade war…
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Output
Oil prices climb on expected OPEC-led supply cuts
Oil prices rose on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a…
European stocks fight back to close higher; oil in focus
European stocks gyrated on Friday , partially affected by a steep dip in oil prices.
Oil hits 2018 low as OPEC considers an output cut
Oil prices fell to their lowest in a year on Friday, on course for their biggest one-month decline since late 2014,…
Asian markets retrace some losses; oil closely watched after OPEC warns on output
Asian markets retraced some of their early losses Monday morning but investors remained wary about global risks…
Oil drops as soaring US production outweighs talk of OPEC output cuts
Oil dipped on Thursday as record U.S. crude output heightened concerns of a return of global oversupply, stoking…
Egypt’s Zohr gas field output exceeds 2 bln cubic feet/day
The daily production of Egypt’s mammoth offshore Zohr gas field has exceeded 2 billion cubic feet per day, an…
Gas output in Egypt’s Alexandria, West Delta fields to start in Dec.
The second phase of gas production in North Alexandria and West Delta fields will start next December, according to…
Oil near 4-yr high as producers resist output rise to offset Iran sanctions
Oil prices on Tuesday were within reach of four-year highs hit in the previous session, as looming U.S. sanctions…
Oil prices fall on rising output from OPEC, U.S.
Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling…
