Oil market capped as U.S. output fast approaches 10M bpd

Thu, 21 Dec 2017 - 08:35 GMT

Oil prices were stable on Thursday, supported by falling crude inventories in the United States but capped by output that is fast approaching 10 million barrels per day.

Oil prices up on lower U.S. crude stocks, but growing output caps gains

Thu, 14 Dec 2017 - 08:53 GMT

Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories.

Oil prices stable as lower crude stocks counter soaring U.S. output

Thu, 07 Dec 2017 - 08:23 GMT

Oil prices were stable on Thursday as a fall in U.S. crude inventories was countered by soaring output and a rise in fuel stocks.

U.S. oil prices rise to two-year high on Keystone pipeline outage

Fri, 24 Nov 2017 - 10:44 GMT

U.S. crude oil rose to a two-year high on Friday, as the shutdown of a major crude pipeline from Canada to the United States tightened North American markets.

Oil markets stable, but doubts over recent bull run emerge

Thu, 09 Nov 2017 - 08:37 GMT

Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia.