Oil topped $74 a barrel on Monday, the highest since November, with the United States set to announce a further […]
Tag: supply
OPEC oil output posts biggest drop since 2017 on Saudi move
LONDON – OPEC oil supply fell in December by the largest amount in almost two years, a Reuters survey found, […]
OPEC oil output posts biggest drop since 2017 on Saudi move
LONDON – OPEC oil supply fell in December by the largest amount in almost two years, a Reuters survey found, […]
Oil Prices Rise On U.S. Stock Draws
On Thursday morning, oil prices rose in Asia after an inventory report showed U.S. crude and gasoline stocks fell more […]
Oil Holds Gains while Mideast Clashes Raise Risks After Saudi Cuts
After escalating conflict in the Middle East raised geopolitical risks and as most OPEC members cut output more than required […]
U.S. ambassador: U.S., China still ‘very far apart’ on trade
U.S. Ambassador to China Terry Branstad said on Tuesday that the United States wants China to give a timetable on […]
Oil Prices Remain Near Multi-year Highs On Looming Sanctions Against Iran
On Friday morning, oil prices stayed near multi-year highs in Asia as looming U.S. sanctions against major crude exporter Iran […]
Oil Notches Another 3-1/2-Year High while Israel/Iran Tensions Escalate
On Thursday, crude prices continued higher, notching another three-and-a-half-year peak as escalating geopolitical tensions between Israel and Iran cast further […]
Venezuela Worries, Oil Prices Rise Above $70 On Iran
On Monday morning, oil prices rose above $70 a barrel in Asia for the first time since November 2014, as […]
Oil slides on rising U.S. rig count; Iran concerns limit downside
On Monday, oil prices dipped after a rising rig count in the United States pointed to higher production there, but […]
