Oil prices settled down about 2 percent on Friday, ending around 3 percent lower on the week as concerns over global demand growth after weak U.S. manufacturing data overshadowed OPEC-led Continue Reading
Oil prices have had the strongest start to the year in recorded history, but economic data looks set to put an end to that rally. Oil was down a few Continue Reading
Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further Continue Reading
Oil prices have been trending upward over the last two months, up around 22 percent since the start of the year. Much of this upward support on prices comes from Continue Reading
The movement of crude oil futures was mixed during mid-morning trade in Asia Thursday, amid a bullish report on last week’s US crude stock level and a bearish report on Continue Reading
Oil prices fell on Thursday, as U.S.-China trade tensions persisted, the Chinese economy showed signs of slowing and record U.S. production undermined OPEC-led output curbs. Brent crude was down 61 Continue Reading
Oil prices are off to their best-ever start to a year as fears of a supply glut cool, part of a 2019 recovery in risky investments from stocks to commodities. Continue Reading
Oil futures gained about 2 percent on Wednesday after U.S. crude inventories unexpectedly plummeted and as Saudi Arabia brushed aside comments from U.S. President Donald Trump seeking to keep oil Continue Reading
Oil rose for a second day on Wednesday, buoyed by an unexpected decline in U.S. crude inventories and after Saudi Arabia appeared undaunted by pressure from U.S. President Donald Trump Continue Reading
Crude oil futures were lower during mid-morning trade in Asia Tuesday, extending the downtrend from the previous trading session, triggered by the US President’s latest tweets on “oil prices getting Continue Reading
