Oil prices reach 2016 highs

2016-04-29 15:37

World oil prices have struck 2016 high points this week as a weaker dollar attracted buyers to a market struggling to overcome a global supply glut.

Oil strikes new 2016 peaks again

2016-04-28 19:48

World oil prices have rebounded to 2016 highs for the third straight day, buoyed by the weaker dollar and sliding US production, dealers say.

Oil prices rise ahead of Fed rate decision

2016-04-27 11:22

Oil prices have extended gains in Asia as traders await a report on US stockpiles, and some analysts say the market is set for a rebalancing.

Oil prices rebound ahead of US inventory data

2016-04-26 07:24

Oil prices have rebounded in Asia, rebounding from sharp losses driven by a report that Saudi Arabia was close to completing an oilfield expansion to ramp up output.

Gold holds decline as central bank meetings in focus this week

2016-04-25 09:14

Gold has held a drop ahead of central bank policy meetings in the US and Japan this week, with investors set to parse any signals from the Fed on policy.

Oil prices gain for 3rd week in a row

2016-04-24 10:50

Oil prices have climbed ensuring a third straight weekly gain for the commodity as Opec officials said discussions by producers to limit output could be revived.

Oil trades near 5-month high

2016-04-21 11:34

Oil has traded near the highest in almost five months after US output dropped to the lowest since October 2014 as producers plan new output freeze talks next month.

Crude falls in Asia as Kuwait oil workers end strike

2016-04-20 07:29

Oil prices have resumed their fall in Asia after petroleum workers called off a strike in key OPEC producer Kuwait.

Oil prices dip as freeze talks failure trumps Kuwait strike

2016-04-19 07:24

Oil prices have extended their losses as disappointment over the failure of talks to freeze output outweighed the possible impact of a strike by oil workers in Kuwait.

Oil prices plunge after Doha output talks fail

2016-04-18 07:51

Oil prices have plunged after producers failed to reach an agreement on capping output aimed at easing a global supply glut, sparking fears it could set off another round of price falls.


Oil prices ease off in Asia after hitting new highs

2016-04-29 07:35

Oil prices have eased slightly in Asia after hitting a series of new highs this week, bolstered by a weak dollar.

Oil prices hit fresh 2016 highs

2016-04-28 07:27

Oil prices have surged to 2016 peaks for the second straight day after the Federal Reserve appeared more optimistic in its outlook for the global economy.

Oil prices in modest rebound

2016-04-26 14:30

Oil prices have risen, rebounding slightly from sharp losses sparked by a report that Saudi Arabia was close to completing an oilfield expansion.

Crude dips on report of Saudi oilfield expansion

2016-04-25 14:53

Oil prices have fallen on a report OPEC kingpin Saudi Arabia could maintain its total production capacity with the expansion of an oilfield.

Oil prices fall after news of possible Saudi oilfield expansion

2016-04-25 07:44

Crude prices have fallen following a report saying Saudi Arabia could maintain its total production capacity with the expansion of an oilfield.

Oil prices steady after US-fuelled gains

2016-04-21 13:58

Oil prices have steadied after rising the previous session thanks to news of a fall in US output that eased concerns over a supply glut.

Oil extends gains in Asia after US output falls

2016-04-21 07:39

Oil prices have built on recent gains after data showed US production fell to 18-month lows and Iraq pushed for a fresh meeting of crude majors on limiting output.

The commodity markets: Bear, bull or neither?

2016-04-19 10:30

Commodities had a good start to the year, with iron ore up 33%, gold up 14% and zinc up 12%. Shiraaz Abdullah discusses the outlook for this market.

Oil plummets on Doha failure

2016-04-18 13:49

Oil has plunged a day after top producers failed to reach a deal in Doha to cap output, fanning fresh fears over a supply glut that has plagued the market.

Oil tumbles as traders bet on weak Doha meeting

2016-04-17 13:00

Oil prices have tumbled as traders bet that a key producers meeting in Doha this weekend will yield no effective measures to curb the global oversupply.

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