Tag: oil prices
Oil prices rise amid OPEC-led supply cuts
Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging…
Oil prices fall as U.S. rig count rise, trade concerns
Oil prices fell by around 1 per cent on Monday as drilling activity in the United States, the world’s largest…
Oil prices soar as Saudi Arabia cuts U.S. supply
Oil prices rose for a third day on Thursday pushed up by lower imports into the United States amid OPEC…
China economic slowdown: Oil prices drop
Oil prices fell on Tuesday over signs that an economic slowdown in China, the world’s second-largest economy and oil consumer,…
Oil prices fall amid stock market slide
Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by the…
Oil falls on rising U.S. inventories
Oil prices fell on Thursday after U.S. crude inventories swelled to their highest level since December adding to concerns about…
Oil prices determined to stay within $80
Oil prices rose by about one per cent on Monday after top exporter, Saudi Arabia, announced a cut in supply…
Oil prices will rise due to U.S. sanctions, Iran warns
The Iranian government has warned U.S. sanctions on the country’s oil sector would lead to “painful months” for consumers worldwide…
Oil prices steady as U.S. sanctions on Iran begin
Oil prices steadied on Monday as U.S. sanctions against Iran’s fuel exports began but were softened by waivers allowing major…
Oil prices drop due to global economic gloom
Oil fell on Thursday on course for its fourth consecutive week of decline, as rising crude supply met the bearish…
Kuwait needs economic reforms in spite of higher oil prices – Emir
Kuwait needs to push through economic reforms in spite of higher oil prices, the Gulf state’s ruler Emir Sheikh Sabah…
Oil prices slip on rising supply, trade tensions
Oil prices slipped on Tuesday, depressed by concerns that the U.S.-China trade dispute will dent economic growth and by signs…
Oil rises on small market bounce
Oil prices rose on Monday, supported by a bounce in Asian stocks, but analysts said sentiment remains cautious after financial…
Oil dips as Saudi Arabia pledges to play ‘responsible role’
Oil prices dipped on Tuesday after Saudi Arabia pledged to play a “responsible role” in energy markets, although sentiment remained…
Brent oil rises back above $80 a barrel
Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once U.S.…
Oil prices rise on Iran sanctions
Oil prices rose on Monday as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented…
Oil prices rise to approximately $80
Oil prices rose on Friday, helped by an ongoing Sino-U.S. trade war and concerns over the death of a prominent…
Oil prices slip below $80 per barrel
Oil slipped below $80 a barrel on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply,…
Oil prices rise towards $85 per barrel
Oil prices extended gains into a fourth session on Wednesday, buoyed as industry data showed a surprise decline in U.S.…
Oil prices dip amid expectations of higher U.S inventories
Oil prices dipped on Tuesday amid expectations of an increase in U.S. crude inventories, but signs of a fall in…
Oil prices rise towards $85 as Asian shares slip
Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher…
Oil prices rebound to $81 per barrel
Oil rose to 81 dollars per barrel on Friday, rebounding after two days of declines, though prices pared gains after…
Oil extends losses as other markets fall
Oil fell to two-week lows on Thursday as it extended losses from the previous session amid a rout in global…
Oil prices rise as Iran’s crude exports fall
Oil prices rose on Tuesday on growing evidence of falling crude exports from Iran, OPEC’s third-largest producer, before the imposition…
Oil prices drop to around $83
Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing…
Oil prices race to $90 per barrel
The dollar notched an 11-month top on the yen on Thursday as oil price advances while Asian stocks were pressured…
Oil prices rise towards $90 as Iran sanctions loom
Oil traded above 85 dollars a barrel on Wednesday, supported by expectations that U.S. sanctions on Iran will tighten supply…
Oil prices rise towards $90, Asia stocks slip
Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded,…
Iran sanctions: Oil prices rise toward $85
Oil prices rose on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major…
Iran sanctions keep oil prices near late 2014 highs
Oil prices eased on Wednesday but were still set for a fifth consecutive monthly quarter of gains, driven by an…