Low crude prices that have been hammering oilfield service companies for the past two years might be ready to give a little back. Sinopec Oilfield Service Corp., Keppel Corp. Ltd. Continue Reading
Oil dropped the most in more than two months on doubts OPEC will come to an accord to cut output as planned talks between producers inside and outside the group Continue Reading
An employee holds a gas pump at a petrol station in Sao Paulo, Brazil, November 8, 2016. Oil trading was static early on Friday as uncertainty ahead of a planned Continue Reading
Oil prices took their biggest daily losses in two months as skepticism grew Friday about whether global exporters can strike an effective deal to cut production. Light, sweet crude for Continue Reading
Oil trading was static early on Friday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity after the U.S. Thanksgiving holiday kept traders from taking big Continue Reading
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity during the U.S. Thanksgiving holiday kept traders from making big Continue Reading
Oil prices inched lower Wednesday with a surging dollar outweighing a public commitment from Iraq’s oil minister to cut production along with OPEC. Light, sweet crude for January delivery settled Continue Reading
Crude oil prices staged an abrupt retreat in early trading Tuesday as doubts lingered over OPEC coordination. Crude oil prices bounced around net gains and losses in the early rounds Continue Reading
The dollar extended gains, driving currencies in emerging markets to record lows, as the case strengthened for multiple U.S. rate hikes next year. Copper was set to close at its Continue Reading
Forget the stagflation of the 1970s. Higher oil prices would be a boon for the global economy, according to Goldman Sachs Group Inc. Pricey crude means economies such as Saudi Continue Reading
