Oil dips on stockpile concerns, Saudi production pledge
Oil faltered below $70 a barrel as Saudi Arabia said it has no intention of using its oil wealth as a political tool and as American crude stockpiles were seen gaining for a fifth week.
crude
Canadian crude hits $20 a barrel
$20 Oil? Welcome to Canada, Where crude prices haven't recovered.
Oil drops on Saudi assurance and hopes for US waivers on Iran
Oil in London extended losses for a third day on signs that the potential impact of impending U.S. sanctions on Iranian supplies may be mitigated.
Cooler heads pull back wagers on Brent oil rally
The run-up to $100 oil is giving some investors pause.
Oil nears four-year high as Iran export drop stokes concerns
Oil traded near the highest level in almost four years as investors grapple with doubts over OPEC’s ability to replace falling exports from Iran.
Brent near $79 as Saudis signal comfort with higher prices
Brent oil traded near the highest level in a week after Saudi Arabia was said to be content with the global benchmark crude breaking above $80 a barrel.
Tale of two oil markets: Brent bulls split from US optimists
For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade.
Oil steady as slowing US output signs counter trade threat
WTI crude held gains near $66 a barrel as investors assessed signs of slowing growth in U.S. crude production due to a pipeline crunch against ongoing concerns over a trade war between the world’s biggest economies.
OPEC says it’s doing best to supply market but won’t overdo it
OPEC and its allies are doing what they can to offset crude output shortfalls that have kept global supplies tight and prices high, but they don’t want to overdo it.
US oil could soon help set the Brent crude price
S&P Global Platts, the company that sets the key price of Brent crude, is contemplating the eventual incorporation of U.S. oil to help calculate one of its newest European benchmarks, a sign of just how much America’s booming exports are reshaping global energy trading.
Brent below $74 as OPEC nearer to output boost
Brent crude oil fell to below $74 a barrel as OPEC and its allies inched closer to reaching an agreement on relaxing output curbs at a meeting in Vienna this week.
OPINION: The Fed is driving down oil prices
The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world.
Brent set for weekly loss as Opec dispute looms on supply policy
Oil in London headed for a second weekly decline as investors tried to gauge whether OPEC and its allies will ease production caps at what’s set to be a contentious meeting next week.
Russia-Saudi soccer encounter has the oil market’s attention
This month’s packed geopolitical calendar has another key date -- a meeting between Vladimir Putin, the Russian president, and Mohammed bin Salman, the powerful Saudi crown prince.
Oil holds losses as market turmoil adds to fear over Opec output
Oil held losses below $67 as global risk assets slid on renewed trade tensions between the U.S. and China as well as political turmoil in Europe, with concerns simmering that OPEC may ease its output curbs.
Oil heads for weekly loss as Opec and partners mull easing curbs
Oil is poised to post its first weekly decline in almost a month as Saudi Arabia and Russia said they’re discussing easing global output cuts while the risk of Iranian and Venezuelan supply disruptions linger.
Saudi Arabia, Russia discuss scaling back global oil cuts
Saudi Arabia and Russia, the oil producers who led the effort to shrink a global glut, said they are discussing easing output curbs for the first time.
Forget about oil at $80. The big rally is in forward prices
Brent crude oil grabbed all the attention after spot prices hit $80 a barrel last week. And yet, almost unnoticed, a perhaps more important rally has occurred in the obscure world of forward prices, with some investors betting the "lower for longer" price mantra is all but over.
Crude oil’s surge putting the ‘petro’ back in petrocurrencies
The currencies of some of the world’s top oil producers are set to become intertwined with crude prices once again as the commodity surges to the highest since 2014.
Brent holds near $70 as Middle East tensions offset stock slide
Brent held near $70 a barrel after Saudi Arabia intercepted multiple ballistic missiles fired by Houthi forces in Yemen.
Chinese oil contract to rival US WTI and UK’s Brent is born
China launched its first ever crude-futures contract as the world’s biggest oil buyer seeks to wield greater power over pricing and challenge benchmarks in the U.S. and Europe.
What could push oil to $100?
If anyone thought the latest oil market outlooks of the EIA and the IEA are upbeat, here’s an even more upbeat one from Energy Aspects: The consultancy expects crude demand this year to grow by 1.7 million bpd, and says Brent could touch above $100 a barrel in 2019.
Brent recorded above $71 for first time since 2014
Brent crude rose above $71 per barrel earlier today for the first time since 2014 thanks to a drop in US oil stocks.
Adipec 2017: Adnoc to launch new blend of crude
Abu Dhabi National Oil Company (Adnoc) has revealed plans to launch new blend of crude.
US shale to power ahead after cuts boost prices, Opec says
OPEC said shale oil production will grow considerably faster than expected over the next four years after the group’s output cuts triggered a crude-price recovery that helped U.S. producers.