Oil prices unchanged as Saudi readies for OPEC

2015-12-01 15:20

Oil prices have been flat as Saudi Arabia's oil minister was due to arrive in Vienna ahead of a key OPEC meeting on crude output levels.

Oil prices trade below $42 in Asia

2015-11-30 07:30

Oil prices have traded below $42 in Asia ahead of an OPEC meeting and the release of data on China's important manufacturing sector later in the week.

Oil prices trading below $43 in Asia

2015-11-27 07:38

Oil prices have traded below $43 in Asia as US markets took a break for Thanksgiving and Russia ruled out a military strike against Turkey for shooting down a warplane.

Oil prices up in Asia

2015-11-26 07:42

Oil prices held above $43 a barrel in Asia after US crude supplies rose at a slower pace while jitters over the shooting down by Turkey of a Russian warplane lingered.

Oil prices down on diplomatic efforts to ease Middle East tensions

2015-11-25 07:37

Oil prices have fallen in Asia as diplomats tried to ease geopolitical tensions sparked by Turkey's shooting down of a Russian fighter jet on the Syrian border.

Oil prices up in Asia ahead of OPEC meeting, US report

2015-11-24 07:27

Oil prices have climbed in Asia ahead of a key meeting of the OPEC oil cartel and a report on US commercial crude inventories to gauge demand in world's top oil consumer.

Oil recovers from early slide

2015-11-23 16:21

Oil prices have recovered on bargain-hunting after sliding earlier in the day owing to a stronger dollar and record-high crude stockpiles.

Africa oil boom fades as $50 crude shuts door on high-cost deals

2015-11-22 19:00

African production, already 19% below its 2008 peak of 10.2 million barrels a day, is set to drop for a third year.

Oil prices edge higher after US, Fed reports

2015-11-19 07:36

Global oil prices have moved modestly higher as traders weighed a small gain in US inventories and a Fed's report that supported expectations of a December rate hike.

Oil drops as glut woes return

2015-11-17 15:09

World oil prices have slid on traders' thoughts returned to the stubborn oil glut that has plagued the market for months.


Oil prices rise in Asia with OPEC meeting in focus

2015-12-01 07:55

Oil prices have risen in Asia, three days before an OPEC meeting in which the cartel is expected to maintain high output levels despite a global supply glut.

Nigeria pipeline plundered for $250m of petrol

2015-11-27 13:26

Vandals have stolen nearly $250m worth of petrol from a single pipeline in Nigeria in the first nine months of 2015 as motorists complained of shortages.

Erdogan denies Turkey buys oil from ISIS

2015-11-26 19:25

President Recep Tayyip Erdogan says Turkey does not buy any oil from ISIS, insisting his country's fight against the jihadist group is "undisputed".

Oil prices drop before US data

2015-11-25 16:05

World oil prices have retreated ahead of the latest official reading on crude stockpiles in main consumer United States.

Oil climbs as Turkey shoots down Russian jet

2015-11-24 15:19

Global oil prices have risen after Turkey shot down a Russian jet on the Syria border, sparking fresh tensions in the crude-rich Middle East.

Gold in the firing line

2015-11-23 17:48

Gold is at a critical point at the moment, with the direction in price being influenced by what the US Federal Reserve is going to do next month, says an expert.

Oil down in Asia on oversupply fears

2015-11-23 07:25

Oil prices have fallen in Asia, extending their slide as a stronger dollar and news that world stockpiles have reached a record high put pressure on futures.

Oil prices slightly up in Asia but gains limited

2015-11-20 07:25

Oil prices have been higher in Asia, but gains were limited in a market burdened by a persistent oversupply.

Oil prices up in Asia, oversupply hobbles gains

2015-11-18 07:34

Oil prices have rebounded in Asia but buying sentiment remains sluggish owing to supply glut woes and a strong dollar.

Mexico seeking to join IEA ranks

2015-11-17 09:30

The International Energy Agency says Mexico has been seeking to join the organisation which looks to ensure clean and affordable energy for its 29 members.

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