world oil prices
Oil pushes higher on worries over new US sanctions on Iran
Business
February 3, 2017
Oil pushes higher on worries over new US sanctions on Iran
Oil prices edged higher on Friday in response to the possibility of new sanctions on Iran after US President Donald…
OPEC meets non-OPEC nations for oil talks, gets Azeri support
Business
October 29, 2016
OPEC meets non-OPEC nations for oil talks, gets Azeri support
Officials from OPEC and non-member oil producing countries met on Saturday aiming to build support for an OPEC plan to…
Saudi Arabia’s Falih says OPEC should not crimp supply too tightly
Business
October 10, 2016
Saudi Arabia’s Falih says OPEC should not crimp supply too tightly
Saudi Arabia's Energy Minister Khalid al-Falih said on Monday that OPEC should not crimp oil supply too tightly and said…
Oil hits highest since June on possible US inventory drop
Business
October 5, 2016
Oil hits highest since June on possible US inventory drop
Oil rose towards $52 a barrel on Wednesday, hitting its highest since June, supported by an industry report that U.S.…
Oil prices fall as Saudi Arabia dampens prospects of output freeze
Business
August 26, 2016
Oil prices fall as Saudi Arabia dampens prospects of output freeze
Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks…
Stocks at record highs as oil jumps
Business
August 15, 2016
Stocks at record highs as oil jumps
U.S. stock indexes were trading at all-time highs on Monday, building on the record-setting rally of the past few weeks,…
Ahead of meeting, OPEC seems close to riding out price slump
Business
June 2, 2016
Ahead of meeting, OPEC seems close to riding out price slump
OPEC is not yet in safe harbor. But ahead of a top-level meeting, the 13-nation oil cartel appears close to…
Oil falls as dollar strengthens but traders eye Nigerian outages
Business
May 13, 2016
Oil falls as dollar strengthens but traders eye Nigerian outages
Oil prices ended a three-day bull run on Friday, falling as a strong dollar made it more expensive to hold…
Oil falls as investors cash in on month-long gains
Business
May 6, 2016
Oil falls as investors cash in on month-long gains
Oil prices fell on Friday as investors cashed in on a 20-percent rise over the past month, outweighing the impact…
IEA chief says oil price bottoming depends on global growth
Business
May 1, 2016
IEA chief says oil price bottoming depends on global growth
International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing that the…