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Oil prices find support in trade talks and Mideast tensions

CrudeoilfuturessteadiedonMonday,supportedbyareboundinstockmarketsandescalatingSaudi-Irantensions.Globalstockscameoffsix-weeklowsonoptimismthattheUnitedStatesand

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Venezuela's Maduro says to recover 70 percent of oil output decline

VenezuelanPresidentNicolasMaduropromisedonSaturdaytorecover70percentofthecountry’slostoilproductioninthefirsthalfof2018.“Icantellyou,theunprecedentedinjusticesl

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Oil prices near two-year highs as supply cuts bite

OilpriceseasedonTuesdayafteraweekofgainsastheprospectofincreasingU.S.exportsdampenedbullishsentimentthathasdrivenBrenttomorethantwo-yearhighsabove$60perbarrel.I

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IEA says strong oil demand growth helps market's rebalancing

Global oil demand will grow more quickly than expected this year, helping to ease a glut despite rising crude production from North America and weak OPEC compliance with output cuts, the International Energy Agency said on Friday.

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IEA says strong oil demand growth helps market's rebalancing

Globaloildemandwillgrowmorequicklythanexpectedthisyear,helpingtoeaseaglutdespiterisingcrudeproductionfromNorthAmericaandweakOPECcompliancewithoutputcuts,theInte

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Oil stable after large fall in U.S. fuel stocks, markets remain bloated

OilpricesheldsteadyonThursdayfollowingsolidgainsthepreviousdaywhenfallingU.S.fuelinventoriesliftedthemarket.However,Brentcrudeoilpricesremainbelowthekey$50perba

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Saudis to cut August oil exports to lowest level this year - source

SaudiArabiawillcutcrudeoilshipmentstoitscustomersinAugustbymorethan600,000barrelsperdaytobalancetheriseindomesticconsumptionduringthesummer,whilestayingwithinit

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Oil dips on glut concerns, but strong China imports support

OildippedonThursdayonpersistentworriesaboutoversupply,butstrongChineseimportsandsignsthatU.S.storagetanksaregraduallybeingdrainedofferedsomesupporttoprices.Bren

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Oil prices near seven-month lows on global oversupply

Oil prices steadied just above seven-month lows on Tuesday after news of increases in supply, a trend which has undermined attempts by OPEC and other producers to support the market through reduced output.

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Oil prices near seven-month lows on global oversupply

Oilpricessteadiedjustaboveseven-monthlowsonTuesdayafternewsofincreasesinsupply,atrendwhichhasunderminedattemptsbyOPECandotherproducerstosupportthemarketthroughr

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Oil prices bounce but stuck near 2017 lows on supply overhang

Oilpricesedgedupfrom2017lowsonFridaybutanongoingsupplyexcessputthemontrackfortheirfourthconsecutiveweekoflossesdespiteOPEC-ledproductioncutstosupportthecrudemar

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Oil hits six-week low as OPEC fails to curb oversupply

Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts about OPEC's ability to implement agreed production cuts.

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Oil hits six-week low as OPEC fails to curb oversupply

Oilpricesdroppedtosix-weeklowsonThursday,underpressurefromhighglobalinventoriesanddoubtsaboutOPEC'sabilitytoimplementagreedproductioncuts.BrentcrudeoilLCOc1fell

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OPEC decides to cut oil production by 1.2 mln bpd

The OPEC on Wednesday decided to cut its oil output by 1.2 million barrels per day, setting the ceiling of oil production at 32.5 million barrels per day (bpd).

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Oil prices fall despite planned OPEC output cut

Brent crude oil prices steadied above $50 a barrel on Monday, supported by a planned production cut by exporter club OPEC, but still under pressure from an overhang in supply that currently exceeds consumption.

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Relief arrives for U.S. shale firms as OPEC folds in price battle

It was a moment U.S. shale oil producers have been waiting on for more than two years: OPEC nations finally agreed to cut production on Wednesday in a move that lifted low prices ravaging their budgets.