Oil near 4-month high amid supply risk

2015-04-27 10:43

Oil has traded near the highest price since December on concern that Middle East supplies may be disrupted as Saudi Arabia expands its military campaign in Yemen.

US energy secretary touts nuclear deal with Iran

2015-04-23 13:30

An agreement between the United States, Iran and other world powers have designed to curtail Iran's nuclear programme is effective and would work if implemented.

Oil diverges on US energy report

2015-04-22 19:52

Global oil prices have diverged as traders digested the latest weekly crude inventories report from top consumer the United States.

Oil prices retreat as high supply weighs

2015-04-21 14:33

Oil prices have eased as a climate of high crude supplies offsets moves by China to boost the world's second largest economy and biggest consumer of energy.

Speculators divided over US oil prices: Kemp

2015-04-20 14:15

Despite the surge in US oil prices, hedge funds are still divided about what will happen next, according to the latest data.

Oil market slides before weekend

2015-04-17 16:00

World oil prices have dropped as investors locked in profits following a six-day rally, with a rise in OPEC's output in March also adding to downward pressure.

BP shareholders back more disclosure on risks

2015-04-17 11:15

BP shareholders have voted overwhelmingly in favour of a resolution that means the oil major will test its business strategy against climate change risks.

Oil market trades lower

2015-04-16 13:45

World oil prices have pulled back in volatile trading despite a surprisingly upbeat US supply report a day earlier.

Iran's tantalizing oil prize: Kemp

2015-04-16 10:00

Iran contains some of the largest and most attractive petroleum resources in the world, so any easing of sanctions could have a major impact on oil and gas markets.

IEA cuts non-Opec supply forecast, citing Yemen

2015-04-15 12:45

The International Energy Agency has cut its supply forecast for non-Opec countries, citing downturns in North America and the "worsening conflict" in Yemen.


Oil market slips, losses limited

2015-04-23 15:23

Global oil prices have retreated but analysts said losses were limited as dealers focused on positive signs in a US supply report while also tracking the crisis in Yemen.

Oil mixed on US supply data, Yemen crisis

2015-04-23 07:17

Oil prices have been mixed in Asia as dealers focused on positive signs in a US supply report while tracking the crisis in Yemen, analysts say.

Oil slips as air strikes in Yemen end

2015-04-22 07:29

Oil prices fell in Asia after a Saudi-led coalition declared an end to four weeks of air strikes in Yemen and ahead of a key US supply report.

Oil slips in divided market

2015-04-21 07:22

Oil prices eased in Asia Tuesday as dealers weighed China's fresh monetary stimulus against a supply glut in the United States, analysts said.

Oil prices rise in Asian trade

2015-04-20 07:50

Oil prices have climbed, fuelled by unrest in the crude-rich Middle East, while also gaining support on hopes that declining US output will ease a global supply glut.

Brent crude oil prices fall as OPEC output soars

2015-04-17 11:45

Brent crude oil prices have fallen, ending a run of rallies earlier in the week, after OPEC production surged in March.

Oil prices slip as investors lock in profit

2015-04-17 07:05

Oil prices have slipped in Asia as investors locked in profits following a six-day rally, with a rise in OPEC's output in March also adding to downward pressure.

Brent crude oil hits 2015 high as US output slows

2015-04-16 11:12

Oil has risen more than 3%, pushing Brent crude to a 2015 high above $63 per barrel on increasing evidence that US production is peaking.

Oil market jumps on hope of easing supply glut

2015-04-15 14:15

World oil prices have shot higher on forecasts that US shale production would likely drop and help ease a global supply glut.

Oil extends gains for 5th-straight day

2015-04-15 07:31

Oil prices have climbed in Asia for a fifth-straight trading day following forecasts that US shale production could decline and help ease a global supply glut.

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