Oil falls towards $49 on high output, strong dollar
Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East OPEC members and as a stronger…
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Wall St. dips as investors assess rate outlook
U.S. stocks edged lower on Friday, led by declines in utility shares as investors weighed prospects for an interest…
Gulf may be dampened by oil, aftermath of earnings
Stock markets in the Gulf may be weighed down by soft oil prices and the aftermath of a mediocre corporate earnings…
Weaker dollar lifts oil prices, but mood remains bearish
Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing…
OPEC sees tighter 2017 oil market, Brexit drag on economy
OPEC on Tuesday gave an upbeat outlook for the oil market in 2017, saying global demand for its crude would be…
Oil edges up, but demand concerns weigh
Oil climbed slightly on Monday after shedding nearly 2 percent the same day, as signs emerged that U.S. shale…
Oil down 3 percent as U.S. drillers add rigs, strong dollar weighs
Oil prices settled down 3 percent on Friday after data showing the U.S. oil drilling rig count rising for a second…
Oil prices fall on rising Middle East output, Asia demand concerns
Oil prices fell over 1 percent on Wednesday as production from major Middle East exporters was expected to remain…
Oil prices dip on strong dollar, rising Canadian output
Oil prices dipped on Monday as a strong dollar weighed on markets and Canadian oil sands production was expected to…
