Search Results for: oil prices
Oil prices slump
February 8th, 2017
Oil prices slump on bloated U.S. fuel inventories, stalling China demand Oil prices dropped on Wednesday to extend falls from the previous day, as a massive increase in U.S. fuel inventories and a slump in Chinese demand implied that ...
Oil prices rise on the heels of sharp losses; production data ahead
February 7th, 2017
Crude oil prices rose slightly on Tuesday, though investors are eagerly awaiting production and inventory data from the Organization of the Petroleum Exporting Countries. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March CLH7, ...
Oil prices edge up on Iran tensions, but rising U.S. drilling caps gains
February 6th, 2017
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and on concerns that new U.S. sanctions against Iran could be extended to affect crude supplies. But markets were held back by more ...
Oil prices dip as rising U.S. supplies offset OPEC cuts
February 1st, 2017
Oil dipped on Wednesday, weighed down by ongoing high supplies despite an OPEC-led production cut, but prices remained within a narrow trading band that has been in place since late January. Brent crude futures LCOc1, the international benchmark for ...
Oil prices fall as rising U.S. output offsets OPEC-led cuts
January 31st, 2017
Oil prices fell on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent crude futures LCOc1, the international benchmark for oil prices, were ...
Oil prices dip as rising U.S. output offsets OPEC-led cuts
January 27th, 2017
Oil prices dipped on Friday as rising crude output from the United States was offsetting efforts by OPEC and other producers to prop up the market by cutting supplies. Brent crude futures LCOc1, the international benchmark for oil prices, ...
Oil prices rose
January 26th, 2017
Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to cut output and prop up the market. Brent crude futures ...
Oil prices edge up on market caution over OPEC cuts
January 23rd, 2017
Oil prices are edging up in Asia on Monday after the Organization of the Petroleum Exporting Countries said it was near its target of cutting 1.8 million barrels of crude oil a day, two months after committing to the ...
Oil prices rise amid weaker dollar, optimism over market tightening
January 20th, 2017
Crude futures gained traction on Friday, driven by a weaker U.S. dollar and signs of the market tightening after major oil producers agreed to cut output. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...
Oil prices mixed on Saudi commitment to cut output, investor scepticism
January 17th, 2017
Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held back by scepticism in financial markets that oversupply would be ...
