Oil retreats on speculation Syria intervention will be limited

2018-04-16 15:37

Oil has retreated from its highest close in more than three years as Middle East tensions abated on speculation that US-led military intervention in Syria won’t go beyond missile strikes.

Oil holds above $63 as investors watch US risk

2018-04-04 09:37

Oil has held above $63 a barrel on cautious optimism that the market will re-balance as OPEC production falls, while investors keep a wary eye on US supplies.

Oil heads for longest losing run in a month as glut fears grow

2018-03-28 09:37

Oil is losing steam as it heads for the longest falling streak in almost a month after investors were confronted with signs a global glut may persist.

Oil holds above $65 as easing trade tensions offset supply fears

2018-03-27 08:24

Oil has traded above $65 a barrel as easing fears of a global trade war offset concerns over rising US crude stockpiles, boosting prices to near the highest level this year.

Oil holds above $65 with US inventories below 5-year average

2018-03-22 10:17

Oil has held above $65 a barrel after US crude inventories unexpectedly dropped, falling below the five-year average in a sign that OPEC-led supply cuts aimed at shrinking a glut are bearing fruit.

Oil rises toward $63 as OPEC cuts weighed against US supplies

2018-03-20 09:23

Oil has rebounded toward $63 a barrel from its first drop in four sessions as investors weighed record compliance to output curbs by OPEC and its allies.

Oil halts drop as US foreign policy team shakeup boosts risks

2018-03-14 10:17

Oil has halted losses near $61 a barrel as investors weighed a potential increase in geopolitical tensions during the fallout from the sudden firing of US Secretary of State Rex Tillerson.

Oil loses steam as fear over US supply returns to haunt prices

2018-03-13 09:32

Oil has held losses below $62 a barrel on concerns that it may be facing a double whammy of rebounding American stockpiles and booming US production.

Oil's near $62 as US jobs fan optimism, rig drop eases fears

2018-03-12 11:37

Signs of strength in the US economy and data showing American explorers have curtailed drilling activity is helping oil hold gains after its biggest jump in seven months.


Oil holds gain as traders weigh trade against US stockpiles

2018-04-11 09:36

Oil has held gains above $65 a barrel as investors weigh easing trade tensions between the world’s two biggest economies against concerns over rising US crude stockpiles.

Oil holds loss as trade war fears spread in market

2018-04-03 10:29

Oil has held losses below $64 a barrel as the risk of a trade war between China and the US rattles a market that’s already grappling with swelling inventories.

Oil advances as easing trade tensions counter oversupply fears

2018-03-27 15:04

Oil has traded above $66 a barrel as global trade tensions showed signs of easing, countering concerns that US crude stockpiles may have resumed their expansion last week.

Oil jumps as bulls return on Trump's pick of Iran Hawk Bolton

2018-03-23 11:33

Oil has rallied on speculation the US President’s appointment of a famed hawk as his new security adviser could increase geopolitical tensions, drawing investor's focus away from growing trade war fears.

Oil rises to two-week high as OPEC sees cuts balancing market

2018-03-20 15:48

Oil has climbed to a two-week high as output curbs by OPEC and its allies continued to deplete the remnants of a global supply surplus.

Oil slips a US shale fears untempered by Russian reassurance

2018-03-19 10:30

Oil has slipped as US explorers resumed their drilling binge, raising concerns over whether output cuts by OPEC and its allies will be enough to clear a glut despite a pledge from Russia that it’s committed to the curbs.

Oil holds gain on strong US fuel use as OPEC adheres to curbs

2018-03-15 11:10

Oil has held gains near $61 a barrel on signs of robust fuel consumption in the US and as OPEC’s compliance with its pledged output cuts soared to a new record.

Oil fluctuates amid concern American supplies will exceed demand

2018-03-13 12:45

Oil has fluctuated in New York amid concern that, while global demand is strong, it might not absorb swelling US supplies.

At $232bn, world's 3rd largest oil major is seen cheap

2018-03-13 09:09

With its earnings outlook improving and massive pipeline assets expected to be restructured, analysts are forecasting a rally in PetroChina’s Hong Kong shares, which are still trading at 2008 crisis levels.

Oil short-selling rears its ugly head as shale boom fears mount

2018-03-12 07:15

Short-selling is creeping back into the oil market as fears increase that the US will be awash with oil again.

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