Oil prices held around a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and ... Read More
Oil prices were little changed on Friday, clawing back earlier declines, amid a variety of market impacts including a rising dollar as returns from the U.K election came in ... Read More
Predictions range from a 20-percent reduction (to roughly $42 a barrel) to an exuberant 100-percent increase ($100) by next year. It’s enigmatic that perceptions of market experts are so ... Read More
Oil prices looked set to stabilize on Friday, but remained below a key support level as investors remained wary over rising U.S. crude oil inventories. On the New York ... Read More
Crude oil prices pulled back on Wednesday, reversing gains made in the New York session on the heels of data showing a bigger-than-expected climb in U.S. supply. On the ... Read More
Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could partly offset output cuts by OPEC and other producers. Uncertainty ... Read More
Crude futures gained traction on Friday, driven by a weaker U.S. dollar and signs of the market tightening after major oil producers agreed to cut output. On the New ... Read More
Oil futures were lower in Asian trade Thursday after weekly data showed another large increase in U.S. inventories of crude. On the New York Mercantile Exchange, light, sweet crude ... Read More
The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook(STEO) released on November 8 forecasts that North Sea Brent crude oil prices will average $43 per barrel (b) in 2016 and ... Read More
Crude-oil prices continued to sink in early afternoon Asia trade on Wednesday as Republican nominee Donald Trump appeared on his way to a possible stunning upset in the U.S. ... Read More
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