Search Results for: Crude oil
Oil prices rise as OPEC seen continuing supply cuts through 2018
March 29th, 2018
Oil prices rose on Thursday as the producer cartel OPEC and other suppliers look set to continue withholding output for the rest of the year and potentially into 2019. U.S. WTI crude futures CLc1 were at $64.62 a barrel ...
Oil prices reversed earlier gains on Monday
March 26th, 2018
Oil prices reversed earlier gains on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets. The possibility of a full-blown trade war between the United States and China battered Asian ...
Early Market Review: Oil prices fell as on Monday reversed increases last Friday
March 19th, 2018
Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude futures were at $62.02 a barrel at 0350 GMT, down ...
Oil prices give up earlier gains as rising U.S. supply outweigh signs of demand gains
February 27th, 2018
Oil prices on Tuesday erased earlier gains as investor concerns about rising U.S. oil output offset signs of stronger demand and faith in the ability of OPEC production curbs to curtail supply. U.S. West Texas Intermediate (WTI) crude for ...
Oil prices fall on firmer U.S. dollar
February 22nd, 2018
Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in U.S. crude inventories. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $61.12 a barrel at 0102 GMT, down 56 ...
Oil rose for a third day
February 2nd, 2018
Oil rose for a third day on Friday after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. Brent futures, the global benchmark, were up 24 cents, or ...
Oil dips but still set for strongest January in five years
January 29th, 2018
Oil eased below $70 a barrel on Monday as rising U.S. output undermined efforts led by OPEC and Russia to tighten supplies, but prices were still on track for their strongest start to the year in five years. Brent ...
Oil prices fell on higher U.S. fuel stocks
January 24th, 2018
Oil prices fell on Wednesday, weighed down by data that showed an increase in U.S. crude oil and gasoline inventories. Brent crude oil futures were at $69.83 a barrel at 0444 GMT, down 13 cents from their last close. ...
Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day
January 12th, 2018
Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day. Although analysts and traders have been warning of the risks of a downward price correction since the start of the year, they point ...
U.S. oil prices hit highest since 2015
January 9th, 2018
U.S. oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity, though some warned the rally could run out of steam. ...
