Oil pares gain after industry report shows US fuel supply rise

2017-08-23 07:53

Oil has pared gains after the American Petroleum Institute unexpectedly reported higher inventories of US gasoline and diesel last week, even as crude supplies declined.

Oil holds near 1-week high as Libya's largest field disrupted

2017-08-21 15:20

Oil has traded near the highest closing level in a week as Libya halted its biggest oilfield and Petro-Logistics said Opec crude supply was on track for its biggest drop in five months.

Brent oil steals show as hedge funds leave US crude aside

2017-08-21 07:28

While enthusiasm in the US oil market dwindles, things are looking a little brighter across the pond.

Oil set for third weekly drop as rising US output blunts cuts

2017-08-18 10:52

Oil has headed for a third weekly drop as US crude output rose to a two-year high and Chinese refining slowed.

As good as it gets: Iron ore risks a reversal as China cools

2017-08-16 13:47

Iron ore in the $70s a ton may be as good as it gets for some time. After rallying hard in June and July, the commodity may see its gains unravel.

Oil halts slide below $48 as US stockpiles seen extending drop

2017-08-15 09:34

Oil has halted losses below $48 a barrel ahead of US government data forecast to show crude stockpiles extended declines.

Oil stuck in loop leaves bored hedge funds awaiting clarity

2017-08-14 07:23

Oil hasn’t been so tedious in a long time, and hedge funds just don’t know what to do with it.

Oil is back in the doldrums as skepticism over Opec cuts returns

2017-08-11 07:19

Oil investors are back to being skeptical over whether Opec's output curbs are shrinking a market glut fast enough, keeping prices below $49 a barrel.

Oil holds gains above $49 as US crude stockpiles extend drop

2017-08-10 08:50

Oil has held gains above $49 a barrel as US production eased and crude inventories extended declines, trimming a glut.

Oil trades near $49 as prices still capped by sufficient supply

2017-08-07 11:30

Oil has traded near $49 a barrel in New York amid speculation that plentiful supplies will continue to thwart any further rallies.


Oil halts slide near $47 as US stockpiles seen extending drop

2017-08-22 09:21

Oil has halted its decline near $47 a barrel before US government data forecast to show crude stockpiles extended declines during a period of seasonally strong demand.

Oil holds gains near 1-week high as drilling slows further

2017-08-21 10:02

Oil has held gains near the highest close in a week as US drillers reduced the number of active rigs by the most since January.

Gold futures punch through $1 300 as global stocks extend losses

2017-08-18 15:16

Gold futures have broken above $1 300 an ounce, rising to the highest level since November, as global stocks dropped

Oil holds near 3-week low as US output climbs to two-year high

2017-08-17 09:37

Oil has held losses near the lowest close in more than three weeks as investors weigh expanding US crude output against an extended decline in stockpiles.

Opec's oil fight morphs from skirmish to years-long campaign

2017-08-16 07:55

When Opec and Russia first embarked on their strategy to clear a global oil glut, it was expected to succeed within six months. It now looks like the battle could last for years.

Gold seen jumping to $1 400 at Russian Bank on world tension

2017-08-14 08:56

Gold prices are set to jump to a four-year high of $1 400 an ounce by the end of the year over mounting tensions between North Korea and the US.

Oil slides toward $48 as skepticism over Opec cuts returns

2017-08-11 10:13

Oil investors are back to being skeptical over whether Opec-led production cuts are draining a global glut fast enough, keeping prices below $49 a barrel.

Opec boosts demand outlook for its oil as fuel use strengthens

2017-08-10 14:43

Opec has boosted estimates of demand for its crude this year and next amid stronger-than-expected fuel consumption and a weaker outlook for rival supply.

Oil trades near $49 as talks on output cut compliance continue

2017-08-08 08:41

Oil has traded near $49 a barrel as officials conducted meetings in Abu Dhabi with producers to examine why some are shirking their commitment to reduce output.

Oil trades near $49 before Opec talks on output cut compliance

2017-08-07 07:55

Oil has traded near $49 a barrel before representatives of Opec nations meet with their allies to discuss why some of them are falling behind in pledges to reduce production.

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