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Latest Articles in oil
Oil Gains, Led By US Crude, As Recession Worries Ease
Brent crude futures climbed 42 cents, or 0.7 per cent, to 59.93 a barrel by 0220 GMT. West Texas Intermediate (WTI) crude futures gained 56 cents, or 1 per cent, to USD 55.49 a barrel.
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Oil Rises As Hopes Grow For US-China Trade Breakthrough
Brent crude was up by 26 cents, or 0.4 per cent, at $58.96 a barrel by 0636 GMT, after falling 1 per cent in the previous session, dropping for a third day in a row.
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Oil Falls As Trade War Raises Recession Fears
Brent crude was down 63 cents, or 1.1 per cent, at $ 58.71 a barrel by 0232 GMT, having earlier touched $ 58.24, the lowest since Aug. 15.
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Oil Prices Nudge Higher, Eyes On Speech By Fed Chair
Brent crude rose 29 cents, or 0.5%, to $60.21 a barrel by 0629 GMT, while U.S. crude futures were at $55.53 a barrel, up 18 cents, or 0.3%. Both contracts were on track for a second week of gains.
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Oil Dips Amid Economic Concerns After US Fuel Stocks Build
Brent crude futures dropped 9 cents, or 0.2 per cent, to $ 60.21 a barrel by 0440 GMT on Thursday. West Texas Intermediate (WTI) crude futures were down 2 cents at $ 55.66 per barrel.
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Oil Rises More Than 1% As Recession Fears Recede
Brent crude was up 68 cents, or 1.2%, at $58.91 a barrel at 0650 GMT, after falling 2.1% on Thursday and 3% the previous day.
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Global Markets: Stocks Spooked, Oil Sinks As Bond Markets Scream Recession
The threat to global demand took a heavy toll on oil prices, with Brent crude losing another 44 cents to $59.04 a barrel, after shedding 3% overnight. US crude was last down 33 cents at $54.90.
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Oil Prices Drop On Weak China Economic Data, US Stocks Rise
Brent crude was down 64 cents, or 1 per cent, at $60.66 a barrel at 0446 GMT, after rising 4.7 per cent on Tuesday, the biggest percentage gain since December.
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Oil Prices Slip As Demand Concerns Outweigh Efforts To Curb Supply
International benchmark Brent crude futures were down 18 cents or 0.3%, from the previous settlement, to $58.39 a barrel by 0310 GMT.
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Reliance To Roll Out Fibre Broadband, Unveils Oil Stake Sale To Aramco
The big tech push comes as the group bolsters its consumer-focused retail and telecoms units to match the strength of its key oil-and-gas business. Its startup Jio has upended the telco sector by providing cheap data connectivity and becoming India's top mobile operator by subscribers in just three years.
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Oil Slips As Demand Outlook, Trade Dispute Weigh
International benchmark Brent crude futures were at $58.35 a barrel by 0249 GMT, down 18 cents, or 0.3%, from their previous settlement.
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IEA Warns Oil Demand Growth So Far In 2019 Lowest Since 2008
"The situation is becoming even more uncertain ... global oil demand growth has been very sluggish in the first half of 2019," the IEA said in its monthly report.
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Oil Jumps On Expectations Producers May Cut Supply After 4% Slump
Brent crude had rebounded to $ 57.75 a barrel, up to $1.52, or 2.7%, from its last close by 0401 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped $ 1.51, or 2.96%, to $ 52.60 a barrel.
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Oil Sets New Seven-Month Low On Trade Tensions
Brent crude futures were down 70 cents, or 1.2 per cent, at $ 58.26 a barrel by 1205 GMT, setting a fresh seven-month low. Prices have lost more than 20 per cent since hitting their 2019 peak in April.
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Oil Slips 1 Per Cent After Fed Disappoints, U.S. Crude Output Rises
Brent crude futures, the international benchmark, fell 62 cents, or 1 per cent, to $64.43 a barrel by 0405 GMT, having fallen more than $ 1 earlier in the session. U.S. West Texas Intermediate (WTI) crude was down 67 cents, or 1.2 per cent, at $ 57.91 a barrel, also having dropped more than a $1 earlier.
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