Crude oil futures were higher during mid-morning trade in Asia Monday as confidence seeped back into the oil markets following signs of progress over the US-China trade negotiations and continued Continue Reading
Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears Continue Reading
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures surged to a new high for the year this week. The markets are being underpinned by the OPEC-led production cuts Continue Reading
The ongoing turf war between U.S. president Donald Trump and OPEC+ where the oil market needs to be heading is again heating up. With a barrage of accusations, Trump has Continue Reading
West Texas Intermediate (WTI) crude oil for May delivery gained 84 cents Friday, settling at $60.14 per barrel. The WTI, which traded within a range from $59.41 to $60.73, is Continue Reading
Oil prices closed the week on a positive note, as professional buyers are more convinced that oil is trending higher in the short term. Crude oil stocks (Click to enlarge) Continue Reading
U.S. oil prices rose to a four-month high of $60 a barrel Friday, and posted their biggest quarterly gain since 2009 as global supplies tighten and risk appetite grows amid Continue Reading
The the number of active oil and gas rigs fell for the second week in a row in the United States this week according to Baker Hughes, while actual US Continue Reading
Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade, as U.S. sanctions against Iran and Venezuela, as well as OPEC-led supply cuts, overshadowed Continue Reading
Crude oil futures were higher during mid-morning trade in Asia Friday, shrugging aside US President Donald Trump’s latest tweet for OPEC to boost oil supply, as market participants await fresh Continue Reading
