Oil hits four-months highs, Brent reaches $68 on tighter supply

Thu, 14 Mar 2019 - 09:58 GMT

An unexpected dip in U.S. crude oil inventories and production also supported prices, traders said.

Oil slumps 3 percent, near lowest in a year as stock markets sink

Thu, 20 Dec 2018 - 09:40 GMT

Oil prices fell about 3 percent on Thursday, heading back towards their lowest levels for more than a year on worries about oversupply and the outlook for energy demand.

U.S. oil hits four-year peak ahead of sanctions on Iran

Tue, 02 Oct 2018 - 08:51 GMT

U.S. West Texas Intermediate (WTI) crude futures CLc1 marked $75.90 a barrel around 0630 GMT on Tuesday, their strongest since November 2014.

Asia shares subdued for central bank, data test

Mon, 30 Jul 2018 - 08:33 GMT

Spreadbetters pointed to a dour mood elsewhere, with London’s FTSE futures FFIc1 off 0.7 percent and E-Minis for the S&P 500 down 0.3 percent.

Oil prices fall on record U.S. output, stock build

Thu, 19 Jul 2018 - 09:29 GMT

International crude oil benchmark Brent was down 40 cents at $72.50 a barrel by 0740 GMT. U.S. light crude was 20 cents lower at $68.56.

Brent rises 1% amid Venezuela oil export concerns

Wed, 06 Jun 2018 - 09:54 GMT

WTI’s discount to Brent CL-LCO1=R widened 42 cents to $10.34 a barrel as the global benchmark rose more than U.S. crude futures.

Trade worries keep world stocks subdued, dollar holds gains

Thu, 03 May 2018 - 10:00 GMT

World stocks made little progress on Thursday as worries over global trade tensions weighed.

Oil giants stay in their own backyards in U.S. auction

Wed, 04 Apr 2018 - 07:54 GMT

The U.S. Interior Department has said it wants to open all U.S. coasts for drilling, including the Atlantic and Pacific.

MIDEAST STOCKS-GFH board changes may prompt activity in Dubai

Mon, 26 Feb 2018 - 07:55 GMT

The company did not explain the changes but they could point to closer cooperation between GFH and ADFG,

Oil markets mixed as U.S crude, Brent move in opposite directions

Tue, 20 Feb 2018 - 07:42 GMT

Oil markets were split on Tuesday, with U.S. crude pushed up by reduced flows from Canada while international Brent prices eased.

Oil prices fall as U.S. output soars above 10 million bpd

Thu, 08 Feb 2018 - 07:14 GMT

Oil prices eased on Thursday, taking Brent crude to a 2018 low, as soaring U.S. output undermined OPEC efforts to tighten markets.

Oil prices fall amid market sell off, Brent near one-month low

Mon, 05 Feb 2018 - 09:33 GMT

Oil prices on Monday extended declines from the end of last week amid a wider market sell off.

Saudi rises on oil price surge, most of Gulf little changed

Wed, 27 Dec 2017 - 08:49 GMT

The Saudi stock index added 0.5 percent in the first 45 minutes as the top petrochemical stock.

Oil rises over 2 percent, but shows first weekly fall in six

Sat, 18 Nov 2017 - 10:40 GMT

Oil rebounded more than 2 percent on Friday after falling for five straight session.

Brent oil near 2-year highs as OPEC's compliance with cuts improves

Wed, 01 Nov 2017 - 07:43 GMT

Brent crude oil prices were near two-year highs on Wednesday as OPEC has significantly improved compliance with its pledged supply cuts and Russia.

Oil prices rise as OPEC says market is rebalancing

Tue, 10 Oct 2017 - 08:54 GMT

Brent crude futures, the international benchmark for oil prices, were up 12 cents, or 0.2 percent, at $55.91 a barrel.

Slide in oil prices may pressure petrochemical sector

Wed, 04 Oct 2017 - 09:05 GMT

Brent oil was down at around $55.70 a barrel on Wednesday morning, off about 6 percent from its 2015 high, hit in late September.

Overview: Will rise in global oil output benefit Egypt’s subsidies?

Thu, 06 Jul 2017 - 07:11 GMT

The Egyptian government set international Brent prices in new budget at $ 55 per barrel, while the current price is $49.4

Oil slips on worries Mideast rift could undermine OPEC cuts

Tue, 06 Jun 2017 - 12:01 GMT

Oil prices fell further below $50 a barrel Tuesday on concerns that a diplomatic rift between Qatar and Arab states could undermine efforts by OPEC.