Oil prices

Oil prices fall as global demand concerns grow

Mon, 21 Oct 2019 - 10:21 GMT

Oil fell on Monday as concerns about economic growth combined with signs of ample global supplies pressured prices

Oil prices fall as global demand concerns grow

Mon, 21 Oct 2019 - 10:21 GMT

Oil fell on Monday as concerns about economic growth combined with signs of ample global supplies pressured prices

Oil rises on Middle East Gulf tensions; Libya field resumes output

Mon, 22 Jul 2019 - 07:48 GMT

Oil prices rose on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the Middle East Gulf, although gains were capped as Libya resumed output at its largest oil field.

Oil prices hover close to 2019 highs on OPEC output cuts, U.S. sanctions

Tue, 19 Mar 2019 - 10:06 GMT

Oil prices were near 2019 highs on Tuesday, supported by supply cuts led by producer club OPEC.

Oil prices steady, OPEC cuts countered by slow progress in trade talks

Mon, 11 Feb 2019 - 10:24 GMT

Oil prices were steady on Monday as support from OPEC-led supply restraint was countered by an uptick in U.S. drilling and concerns about demand due to the slow progress in U.S.-Chinese trade talks.

Oil prices rise 1 percent amid supply cuts, but economic slowdown dims demand outlook

Tue, 15 Jan 2019 - 10:15 GMT

Oil prices rose by around 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand.

Brent crude edges up, but concern over demand limits gain

Mon, 24 Dec 2018 - 11:10 GMT

Oil prices edged up on Monday after evidence that a recent fall to 15-month lows may be affecting output in the United States

Oil prices firm ahead of G20 meeting, but rising supply curbs gains

Thu, 29 Nov 2018 - 09:16 GMT

Oil prices edged up on Thursday on optimism that trade talks at the upcoming G20 meeting could help the global economy and improve demand, but gains were curbed after U.S. crude inventories hit their highest in a year.

Oil prices slip as U.S. and Russian supplies grow

Mon, 11 Jun 2018 - 10:33 GMT

Oil prices slipped on Monday, pulled down by rising Russian production and the highest U.S. drilling activity in more than three years

Business news wrap-up

Tue, 12 Dec 2017 - 07:23 GMT

A wrap-up of the most prominent business news of the day.

Business News Wrap-up

Tue, 05 Dec 2017 - 08:39 GMT

A wrap-up of the most prominent business news of the day.

Egypt participates in OPEC meeting

Thu, 30 Nov 2017 - 10:18 GMT

OPEC started its meeting Thursday at the headquarters in the Austrian capital.

Business News wrap – up

Tue, 21 Nov 2017 - 06:18 GMT

A wrap-up of the most prominent business news of the day.

S&P, Dow higher as oil prices rise; Apple weighs on Nasdaq

Wed, 01 Nov 2017 - 04:33 GMT

The S&P and the Dow were higher on Wednesday, as oil prices rise, while Apple's 1 percent drop limited gains on the Nasdaq.

Eni swings to Q3 profit on firmer oil but misses expectations

Fri, 27 Oct 2017 - 09:20 GMT

Italian oil major Eni swung to a profit in the third quarter thanks to stronger oil prices and higher production, but fell short of expectations.

Oil set for weekly loss on profit-taking

Fri, 20 Oct 2017 - 12:09 GMT

Oil prices fell on Friday and were set for a weekly loss as investors sought to book profits, despite tensions in the Middle East that have slashed supplies of crude.

Oil steadies on tighter U.S. market, expected OPEC cuts

Thu, 19 Oct 2017 - 08:51 GMT

Oil prices steadied on Thursday, holding onto most recent gains, supported by OPEC-led supply cuts, tension in the Middle East and lower U.S. production.

China data boosts world stocks and copper; oil jumps

Mon, 16 Oct 2017 - 07:16 GMT

World stocks rose on Monday and copper touched a three-year high as upbeat Chinese data drove optimism about the China's economy, as oil prices jump.

Oil steady as talk of new OPEC deal balances U.S. exports

Thu, 05 Oct 2017 - 09:18 GMT

Oil prices steadied on Thursday on expectations that KSA and Russia would extend production cuts, although record U.S. exports dragged on the market.

Oil prices fall for second day on oversupply concerns

Tue, 03 Oct 2017 - 09:00 GMT

Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally.

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