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North Sea Brent crude oil fell below $60 a barrel on Thursday, under pressure from high global inventories and a…
Oil eased on Monday, echoing the weakness in global stock markets and erasing some of the gains made last week…
Friday, 07 December 2018 10:33

Oil Prices Climb on OPEC-led Cuts

Oil prices ended more than 2 percent higher on Friday after OPEC members and allies like Russia agreed to reduce…
Friday, 07 December 2018 08:25

US Oil Drillers Cut Most Rigs Since May 2016

U.S. drillers this week cut oil rigs by the most in over two year even as record production has turned…
Friday, 07 December 2018 03:45

Oil Surges 5 pct as OPEC Agrees Output Cut

Oil prices jumped more than 5 percent on Friday as big Middle East producers in OPEC agreed to reduce output…
Wednesday, 05 December 2018 02:37

Execs of Big Oil Traders Knew of Petrobras Bribes

Brazilian investigators said on Wednesday that "top executives" of trading giants Vitol , Trafigura and Glencore had full knowledge that…
Monday, 03 December 2018 03:44

Qatar to Leave OPEC

Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at…
Monday, 03 December 2018 02:53

Oil Surges 5 Percent

Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day…
Oil prices fell further on Friday as swelling inventories depressed sentiment despite widespread expectations that OPEC and Russia would agree…
Tuesday, 20 November 2018 08:51

Oil Slumps 7 Percent

Oil prices tumbled about 7 percent on Tuesday, with U.S. crude plunging to its lowest level in more than a…
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