HOT TOPICS
ARTICLES RELATING TO OIL

Oil plods to weekly gain as OPEC faces dilemma

2017-07-21 09:44

Oil has edged toward its second weekly increase as OPEC and its allies prepare to review their plan to clear a global glut that hasn’t worked as they hoped.

Oil holds gain near $47 after US stockpiles extend declines

2017-07-20 09:39

Oil has held gains near $47 a barrel as US crude and gasoline stockpiles extended declines, easing concerns over a global supply glut.

Oil slips as industry data signals gain in US crude stockpiles

2017-07-19 07:52

Oil has slipped after the industry-funded American Petroleum Institute was said to report an increase in US crude stockpiles.

Oil extends gain above $46 on robust economic growth in China

2017-07-17 11:24

Oil has extended gains above $46 a barrel in New York after China’s economic growth in the second quarter slightly surpassed expectations.

US moves to seize $140m from Nigerian oil corruption

2017-07-16 12:24

US officials plan to confiscate $144m in corruption-tainted assets of Nigerian oil executives found in the United States including an $80m yacht.

Oil holds near $45 as traders weigh US output

2017-07-13 10:29

Oil has traded near $45 a barrel as investors weigh resurgent US output against declining crude and gasoline stockpiles.

Goldman sees risk of oil below $40 without OPEC 'shock and awe'

2017-07-11 09:30

OPEC needs to 'shock and awe' the oil market for prices to gain, according to Goldman Sachs Group.

Oil falls as talk of Libya, Nigeria caps can't dispel Opec doubt

2017-07-10 15:35

Oil has fallen from the lowest closing price in two weeks as talk of Libya and Nigeria being requested to cap their production failed to dispel doubts about the effectiveness of Opec’s cut.

Oil heads for weekly loss

2017-07-07 15:02

Oil has fallen in New York, heading for a weekly loss as a decline in US crude stockpiles failed to convince investors that global markets are re-balancing.

Oil bounces, European bonds decline as gold slips

2017-07-06 11:41

Oil has clawed back some of its biggest loss in four weeks after data showed US stockpiles declining, while European bonds slipped.

 

Brent Crude advances above $50 for first time in six weeks

2017-07-20 14:57

Oil has climbed above $50 a barrel in London for the first time in six weeks after further declines in US crude and gasoline inventories eased concerns over a global glut.

Oil steadies amid mixed signals on US crude inventories

2017-07-19 14:31

Oil has been steady amid mixed signals on US crude inventories, with industry data showing supplies increased.

Oil lingers near $46 as US and Libya seen boosting production

2017-07-18 09:08

Oil has traded near $46 a barrel after snapping a five-day gain on concern output in the US and Libya is growing just as demand shows signs of improvement.

Oil gets some respite as bears give summer optimism a chance

2017-07-17 07:51

Oil skeptics are letting a little sunshine in. After the worst June for oil in six years, hedge fund bets on declining West Texas Intermediate retreated.

Oil's weekly gain belies smaller-than-$1 increase from late 2016

2017-07-14 08:37

Oil is set to rise this week, 2017 demand is seen growing more than previously expected, and US stockpiles are declining.

Oil extends advance above $45 on signs US stockpiles declined

2017-07-12 07:46

Oil has extended gains above $45 a barrel as US industry data showed crude and gasoline stockpiles declined, easing a glut.

Oil holds gains above $44 as US crude stockpiles seen falling

2017-07-11 07:59

Oil has held gains above $44 a barrel before U.S. government data forecast to show crude stockpiles extended declines, trimming a glut.

Oil gains after weekly loss as Libya may be asked to cap output

2017-07-10 07:34

Oil has rebounded after a weekly loss as Kuwait said Libya and Nigeria may be asked to cap supply to help rebalance the market.

Oil slips below $45 as US output jump offsets stockpiles slide

2017-07-07 07:38

Oil has slipped below $45 a barrel as investors weighed expanding US production against declining crude and gasoline stockpiles.

Oil rebounds from biggest slump in four weeks on easing supplies

2017-07-06 07:46

Oil has rebounded from the biggest daily loss in four weeks as industry data showed US crude and gasoline stockpiles declined.

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