Oil rises on expected OPEC cuts, though surging U.S. supply still weighs

Oil prices rose on Friday amid expectations of supply cuts from OPEC, although record U.S. production dragged. Brent crude oil […]

Oil prices stabilize, but supply glut concerns weigh on sentiment

Oil prices stabilized on Thursday, reversing earlier declines, but market sentiment remained cautious over concerns that a supply glut may […]

Oil struggles to find footing after 7 percent slide as outlook darkens

Oil struggled to find its footing on Wednesday after plunging 7 percent the previous session, with surging supply and the […]

European shares recover after U.S. tech rout; dollar gains

European shares recovered on Tuesday after feeling the strain of a tech rout on Wall Street, while political risks in […]

Stocks poised for biggest drop in two weeks on U.S. and China concerns

Global stocks were heading for their biggest drop in two weeks and emerging market currencies also slipped on Friday as […]

Oil in bear market as supply rises, demand outlook weakens

Oil stabilized on Friday after spending most of the week sliding, but markets remained weak as rising supply and concerns […]

Norwegian oil, gas plants shut after tanker, frigate collide

An oil tanker and a Norwegian navy frigate collided off Norway’s west coast on Thursday, injuring eight people and triggering […]

Oil rises as China reports record crude imports, but soaring U.S. output caps gains

Oil prices rose on Thursday after record Chinese crude imports eased concerns that a slowdown in the world’s No.2 economy […]

Iran oil exports to plummet in November, then rebound as buyers use waivers

Iran’s oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would re-impose sanctions on Tehran, […]

Oil rally faces tidal wave of supply

The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave […]