Oil prices gain on expectations OPEC+ will keep lid on Oil prices rose today as investors bet OPEC and its allies would largely agree to extend their supply curbs into May, while strong growth in ... Business • 31 Mar
Oil falls as Suez opens, focus turns to OPEC output cut Oil prices slid today as the Suez Canal reopened to traffic, while focus turned to an OPEC+ meeting this week that is likely to agree ... Business • 30 Mar
Oil rises on hopes for stable OPEC+ output Oil rose today on expectations that the OPEC+ group of leading producers will keep output unchanged in May, and worries that operations in the Suez ... Business • 29 Mar
Oil up over 3% on fears Suez blockage may last weeks Oil prices rose more than 3% today, rebounding on concerns it could take weeks to dislodge a giant container ship blocking the Suez Canal, which ... Business • 26 Mar
Oil drops as demand concerns outweigh Suez disruption Oil prices fell today as a new round of coronavirus restrictions in Europe revived worries about demand, even as tug boats struggled to move a ... Business • 25 Mar
Oil tumbles 4% on concerns over Europe curbs, rollouts Oil prices fell more than 4% today, hit by concerns over new pandemic curbs and slow vaccine rollouts in Europe as well as a stronger ... Business • 23 Mar
Oil prices rise after sell-off driven by demand fears Oil prices rose by more than $1 today, after a big sell-off in the previous session as a new wave of coronavirus infections across Europe ... Business • 19 Mar
Oil steady near $70 on hopes of recovering demand Oil prices hovered near $70 a barrel today, supported by production cuts by major oil producers and optimism about a demand recovery in the second ... Business • 12 Mar
Brent jumps past $70 for first time since crisis began Oil prices climbed above $70 a barrel for the first time since the start of the coronavirus crisis, after the US Senate passed a $1.9 ... Business • 08 Mar
Oil prices rise as OPEC+ extends output cuts into April Oil prices rose more than 1% today, extending gains from the previous session, after OPEC and its allies agreed not to increase supply in April ... Business • 05 Mar
Oil hits 13-month highs as market re-balances Oil prices soared today to their highest in about 13 months as vaccine rollouts promised to revive demand and producers kept supply reined in. Business • 15 Feb
Oil prices hit highest level in just over a year Oil prices rose today to their highest in just over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key ... Business • 08 Feb
Oil falls on coronavirus fears, strong dollar Oil prices fell today as a stronger dollar, fears over soaring Covid-19 cases around the world and the slow pace of vaccination against the virus ... Business • 18 Jan
Oil hits new 11-month highs after US inventory fall Oil prices were steady today after hitting fresh 11-month highs on a fall in US stockpiles and in the wake of a pledge by Saudi ... Business • 07 Jan
Oil extends gains after surprise Saudi output cut Oil prices extended gains today, rising to their highest since late February, after Saudi Arabia announced a big voluntary production cut, and as an industry ... Business • 06 Jan
Oil set for 20% drop in 2020 due to lockdowns impact Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the global economy, but ... Business • 31 Dec 20
Oil up on hopes of demand recovery, lower US stocks Oil prices traded flat this evening, supported by a draw in US crude inventories and Britain's approval of a second coronavirus vaccine but pressured by ... Business • 30 Dec 20
Oil rises on hopes US stimulus will spur fuel demand Oil prices rose today as the US moved towards expanding pandemic aid payments, potentially spurring fuel demand and stimulating economic growth, which pushed investors to ... Business • 29 Dec 20
Oil steadies as surprise US stockbuild weighs Oil prices dropped more than 1% today after an industry report showed an unexpected rise in US crude oil inventories, and President Donald Trump rattled ... Business • 23 Dec 20
Oil plunges on renewed demand recovery fears Oil prices dropped nearly 2% today, adding to steep losses from the previous session, as a new strain of the coronavirus in the UK triggered ... Business • 22 Dec 20
Oil falls $3 as new virus strain prompts demand worries Oil prices tumbled by more than $3 at one stage today before trimming losses as a fast-spreading new coronavirus strain that has shut down much ... Business • 21 Dec 20
Oil edges up to $42, eyeing Libya and US inventories Oil edged up to around $42 a barrel today after a report said US fuel inventories fell, although rising crude supply and growing numbers of ... Business • 23 Sep 20
Brent hits 5-month high on supply cuts, China data Oil prices rose today, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese ... Business • 31 Aug 20
Oil at near five-month high on US output cuts Oil held near $46 a barrel today, close to its highest since March, lifted by US producers shutting most of their offshore Gulf of Mexico ... Business • 26 Aug 20
Oil up on storm-hit US output and Covid treatment hopes Crude oil prices rose today as storms closed in on the Gulf of Mexico, shutting more than half its oil production, and on signs of ... Business • 24 Aug 20
