Oil prices edged lower on Friday and were on track for weekly losses, weighed down by rising OPEC exports and strong output from the United States. ...
American oil inventories and production both rise
Jan. 1 is the official start of the deal agreed by OPEC and several non-OPEC producers to lower production by almost 1.8 million barrels per day
Members of the Organization of the Petroleum Exporting Countries and their rivals outside the group are to meet informally next month in Algeria
Refinery margins hit two-year lows on fuel supply overhang, but analysts expect no significant change to global output
Wildfires burning around the oil sands hub of Fort McMurray in Alberta, Canada, have been rapidly moving north
Oil producers led by top exporters Saudi Arabia and Russia will meet in Doha, Qatar, on Sunday to discuss freezing output
Brent crude futures were at $40.62 per barrel at 1011 GMT, down 45 cents from their last close
The news renewed concerns over a global supply glut
Oil prices eased as the market remained oversupplied and Greece paid 750 million euros to the IMF
Oil bulls have pushed prices higher this week, after a rally of 20 percent for Brent and 25 percent for U.S. crude prices in April
The two global benchmarks for crude rose between 20 and 25 percent in April
Crude prices have risen around 15 percent since the beginning of April after the dip in March
Brent, WTI crude futures up over half a dollar
OPEC supply jumped in March to highest since October
Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in the North Sea and healthy ...
U.S. crude stocks at seasonal record high for 7th week
Rebound follows 2-day decline on large build in U.S. oil stocks
U.S. crude for March delivery dropped over 3 percent to a session low of $50.64 a barrel, down almost $2 from Wednesday’s settlement
Brent rises for second day; March contract expires
Brent oil is back around $55 per barrel after a loss of as much as 3 percent on Wednesday
The two-week volume in Brent was at a record high of about 3 million contracts, Reuters data showed.
U.S. benchmark West Texas Intermediate (WTI) for March delivery rose one cent to $44.46 while Brent crude for March gained 17 cents to $48.64
Crude prices continue to affect the sentiment of retail investors who dominate local markets
Brent crude oil fell on Monday to a five-year low below $68
The slide of Brent crude to $70 a barrel last week, from around $115 in June
Brent crude falls as low as $76.28
U.S. crude stocks rose by 800,000 barrels last week: Reuters poll
Unless OPEC moves to cut oil output at its meeting next month, traders say oil prices are likely to extend their rout
Oil declined alongside European stocks as the European Central Bank left interest rates unchanged on Thursday
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