oil prices

Oil drops after strong rally as talk of slower recovery weighs

Brent crude fell 35 cents, or 0.6%, to $61.12 a barrel, as of 0805 GMT,… Read More

Oil rises after OPEC+ alliance of major producers maintains oil output cuts

Brent crude futures gained 4 cents, or 0.1%, to $58.50 a barrel, by 0120 GMT.… Read More

Oil prices extend gains after US inventory drop

Oil prices rose on Wednesday, with U.S. crude gaining for a seventh day, after an… Read More

Oil prices rise on expectations that OPEC+ likely to maintain output

Brent crude for March was at $52.42 a barrel, up 62 cents or 1.2%, by… Read More

Oil prices edge up on hope vaccines will improve fuel demand

Brent crude futures for February rose 8 cents, or 0.2%, to $50.05 a barrel by… Read More

Oil prices stumble as coronavirus resurgence forces more lockdowns

Brent crude oil futures were down 20 cents, or 0.4%, at $49.05 a barrel by… Read More

Oil prices drop for fourth day as COVID-19 second wave worries intensify

'It’s clouds of gloom over the oil market again' Read More

Oil lower as suppliers seek to hold promises on output cuts

US crude was down 23 cents, or 0.5%, at $42.66 a barrel, having risen 2.1%… Read More

Oil prices fall as coronavirus case surge heightens demand fears

Brent crude LCOc1 futures fell 22 cents, or 0.5%, to $40.49 a barrel at 0623… Read More

Oil prices slip as wary traders eye upcoming OPEC+ meeting

Oil prices fell nearly 1% on Monday as traders hedged bets with the Organization of… Read More

Saudi Arabia expects negative impact on economy amid COVID-19 pandemic

The negative impact would likely be mitigated by the strong measures taken by various authorities,… Read More

Oil up after Saudis pledge deeper output cuts

Oil prices rose on Tuesday after an unexpected commitment from Saudi Arabia to deepen production… Read More

Oil down in Asia after big gains last week

Oil markets were battered in April as the virus strangled demand owing to business closures… Read More

Oil prices extend gains on demand hopes as lockdowns ease

Oil prices jumped again on Tuesday on hopes for a recovery in vehicle traffic and… Read More

Oil starts week on back foot as rally loses steam

Oil markets have been in turmoil for weeks as the virus strangles demand due to… Read More

US oil prices extend rally as virus worries ease

Oil prices have plunged to historic lows in recent weeks as collapsing demand caused by… Read More

Oil prices turn negative for the first time ever

Oil prices ended New York trading in the negative on Monday for the first time… Read More

Oil prices fall as doubts grow over output cut deal

Oil prices fell sharply Monday after a meeting to discuss output cuts between OPEC and… Read More

Oil prices slump as COVID-19 cases surge past 700,000 globally

Crude oil struck the lowest levels in more than 17 years on Monday, with Brent… Read More

Oil plunges posting fifth straight weekly loss despite stimulus efforts

Oil prices plunged 5% on Friday and posted a fifth straight weekly loss as demand… Read More