Oil prices rose on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China economic optimism still weighed somewhat on markets. A man walks Continue Reading
Prices rose to a three-week high on Wednesday, boosted by rising political tensions in the Middle East. Clashes between Iraqi government forces and troops from the northern, semiautonomous Kurdish region Continue Reading
Oil prices fell more than 1 percent on Thursday, breaking four days of gains, pressured by larger-than-expected product inventories in the United States and profit-taking after a recent run-up in Continue Reading
Gunvor and Glencore see crude at $60 as demand growth quickens ‘Huge’ wave of U.S. shale could push price to to $45: Vitol The world’s biggest oil traders say crude Continue Reading
Oil prices steadied on Thursday, holding onto most recent gains, supported by OPEC-led supply cuts, tension in the Middle East and lower U.S. production. Brent crude was down 20 cents Continue Reading
Still, oil prices pulled back from earlier gains and at times traded in negative territory as investors tried to gauge the impact of Hurricane Nate on last week’s data, as Continue Reading
After a rough start for October, crude oil prices linger in rally mode as U.S. hurricanes keep crude oil out of storage basins. Short-term market metrics lingering from a U.S. Continue Reading
Brent oil prices retreated from three-week highs reached earlier in the day on Wednesday, after a surprising fall-off in U.S. refining runs and an unexpected increase in inventories of gasoline Continue Reading
The world’s largest oil trader sees the price of the Brent barrel falling almost $14 to $45 in 2018, from its current price of $58.01, according to Ian Taylor, CEO Continue Reading
Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Oil barrels are pictured at the Continue Reading
