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.

OPEC export price falls below $40

2015-11-16 16:35

The average price of crude sold by OPEC has fallen below $40 a barrel for the first time since 09, underscoring the financial cost of defending its market share.

Oil edges up after Paris attacks

2015-11-16 07:50

Crude benchmarks have seen high levels of activity as commodity traders looked for direction after the deadly attacks in Paris.

Cheap oil set to lose effect on demand growth: IEA

2015-11-13 12:36

Growth in global demand for crude is set to slow next year as the allure of cheap oil fades, says the International Energy Agency.

Oil inventory surplus biggest in 10 years: OPEC

2015-11-12 14:30

Surplus oil inventories are at the highest level in at least a decade because of a rise in global production, says the Organisation of Petroleum Exporting Countries.


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 up in Asia but gains limited

2015-11-17 07:51

Oil prices have extended gains in Asia but the uptick was capped as investors waited for data on US crude stockpiles expected to further underscore a global supply glut.

Oil climbs after biggest loss since March

2015-11-16 14:56

Oil has climbed in New York, stemming its biggest weekly loss since March, amid tension after France bombed Syria in response to terrorist attacks in Paris.

Oil stages modest rebound on demand outlook

2015-11-13 15:55

World oil prices have risen, rebounding slightly from the previous day's sharp losses, after the International Energy Agency forecast sustained demand.

Oil prices under pressure in Asia

2015-11-13 07:50

Oil prices have remained under pressure in Asia after a huge jump in US crude inventories reinforced projections that a supply glut will persist well into 2016.

Oil bounces back but demand woes linger

2015-11-12 07:42

Oil prices have climbed in Asia, rallying from a sharp fall the day before, but expectations of another build in US crude inventories cast a shadow on the market.

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