Oil prices rose around 2 percent on Tuesday to move away from multi-month lows struck the day before, pushed higher by expectations of falling shale output and renewed optimism that Continue Reading
Oil prices fell to touch a three-month intraday low Monday and closed with slight losses as a brief boost from the U.S. presidential election continues giving way to revived concerns Continue Reading
WTI crude drop eased after failing to hold to September lows Qatar, Algeria, Venezuela said to lead effort to secure cuts Oil closed at an eight-week low in New York Continue Reading
Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC saw record output last month and as the U.S. rig count rose Continue Reading
Supply glut that hammered prices is gone, trader says in note ‘The noise surrounding negotiations is often misinterpreted’ Hedge fund manager Pierre Andurand says OPEC is still likely to agree Continue Reading
Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC saw record output last month and as the U.S. rig count rose Continue Reading
In its latest, monthly oil production update, OPEC reported that its crude oil output increased by another 240,000 barrels a day in October to 33.64 million barrels a day , Continue Reading
What a tumultuous week it has been (the first day seemed like a week, and the second day seemed like five days). The trifecta of monthly reports from EIA, IEA Continue Reading
Sun sets behind an oil pump in the desert oil fields of Sakhir, Bahrain. OPEC… U.S. oil prices extended their losing streak to three weeks, falling to an eight-week low Continue Reading
After a week of swings driven by the surprise election of Donald Trump and speculation over OPEC’s intentions, oil prices were back where they started. Futures slipped 1 percent on Continue Reading
