Tag: oil prices
Oil dips as U.S. crude production hits record
Oil prices dipped on Thursday, dragged down by weakening factory output in China and Japan and record U.S. crude output,…
Oil prices fall as U.S. crude output hits record 12m bpd
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per…
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…