Oil prices nudged lower on Monday after international benchmark Brent hit a fresh five-month high in the previous session, with investors eyeing mixed signals on global supply. Brent crude oil Continue Reading
Despite losses on Thursday, oil is set to close out a sixth consecutive week of price gains. The market has been steadily tightening for quite some time, but the instability Continue Reading
i Oil prices rose 1 percent on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese Continue Reading
Oil prices edged up on Friday, lifted by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela. Despite strong price increases Continue Reading
Crude oil futures remained supported during mid-afternoon trade Friday on the back of tighter supply on the OPEC-led production cuts coupled with supply disruptions from Venezuela and Iran as a Continue Reading
Crude oil futures were lower during mid-afternoon trade Thursday on news of higher US crude inventories reported by the Energy Information Administration. Meanwhile, global economic concerns also kept a lid Continue Reading
Oil prices soared in recent days, with Brent rising to its highest point since early November. The tightness in the market is real, but prices may not increase a whole Continue Reading
Oil prices fell on Thursday, pressured as U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production and as economic concerns cast doubt overgrowth in Continue Reading
Oil futures climbed more than 1 percent on Wednesday after U.S. data showing a deep decline in gasoline stocks overrode a rise in crude inventories to 17-month highs, and as Continue Reading
Singapore — Crude oil futures moved sideways in mid-morning trade in Asia Wednesday, as investors adopted a risk-off mood and waited on the sidelines after the International Monetary Fund downgraded Continue Reading
