Tag: Oil prices

Oil prices fall 1pc as global demand concerns grow

The Organization of the Petroleum Exporting Countries, Russia and other oil producers, an alliance known as OPEC+. European refinery production in September fell 4pc...

Oil prices fall on signs of large US stock build

US crude inventories soared by 10.5 million barrels to 432.5 million barrels in the week to Oct. 11. Global benchmark Brent crude oil was...

Oil prices fall nearly 2pc on China data, trade war jitters

"The oil market saw sharp losses as the first steps taken by the U.S. and China were seen with caution" The U.S.-China trade dispute...

Oil falls more than 2pc on doubts around phase one of US-China trade deal

Market worries about situation along Syrian-Turkish border. Saudi Arabia reaffirms commitment to OPEC+ supply cuts. China's oil imports firm in September. NEW YORK: Oil prices...

Oil falls due to caution over first phase of U.S.-China trade deal

The oil market is taking a cautious stance as to what comes next given that the thorny issues of industrial policy. The compliance of...

Oil prices dip on wilting hopes for U.S.-China trade deal

OPEC member Venezuela will also increase its exports despite U.S. economic sanctions that have curtailed shipments. The Organization of the Petroleum Exporting Countries (OPEC)...

Oil falls a third day as U.S.-China trade tensions may limit demand

Brent crude futures fell 12 cents, or 0.2pc, to $58.12 a barrel by 0656 GMT. U.S. industry data showing a bigger-than-expected rise in stockpiles...

Australian shares end higher on energy stocks, miners

The S&P/ASX 200 index firmed about 0.5pc to close the day's trading at 6,593.40. "The reality is, because of decades of U.S. manufacturing being...

Oil climbs on Iraq and Ecuador unrest, regional tensions

"Oil prices could be in for a sustained rally if the (U.S.) tariffs were to be put on hold indefinitely, which could see some...

Oil prices up as U.S.-China trade talks loom, supply issues mount

Oil prices were up on Monday, buoyed by hopes of progress in U.S.-China trade talks and supported by challenges to supply facing major exporters. ...