Oil prices rose on Monday, extending a sharp rally seen at the end of last week after a drop in U.S. inventories and drilling, while outages and hopes that ... Read More
Brent traded near $33/bbl as Russia said talks on an output freeze will be done by March 1 while Nigeria said some countries should have production capped at higher levels. Futures rose ... Read More
Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the northern hemisphere pushed oil prices higher and relieved ... Read More
Oil headed for the longest run of weekly declines in almost three decades on signs the supply glut that drove prices to a six-year low will be prolonged. Futures ... Read More
Asian shares slipped on Wednesday after a mixed day on Wall Street, though Japan’s better-than-expected economic growth lifted the Nikkei to a nearly one-month high. The euro remained pressured ... Read More
Brent oil extended losses into a fourth session on Tuesday, with prices hovering close to a more than five-year low above $57 per barrel, as persistent worries about a ... Read More
Oil prices rose on Monday as Asian markets opened strongly into a holiday-shortened week and consensus spread that Brent crude futures would likely remain above $60 for the rest ... Read More
Global crude oil prices slumped further on Thursday, as traders placed fresh bets that the market would resume a six-month sell-off on worries about a supply glut. Benchmark Brent ... Read More
Oil extended losses below $60 a barrel amid speculation that OPEC’s biggest members will defend market share against U.S. shale producers. Brent also slid after closing at the lowest ... Read More
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