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Despite today's gains, benchmark crude prices are still on track for their biggest weekly decline in seven weeks

Oil jumps after US navy downs Iranian drone

Business / 19 Jul

The UK has offered to facilitate the release of the detained Iranian oil tanker Grace 1 if Tehran gave guarantees that it would not go to Syria

Slower China GDP growth nudges oil prices lower

Business / 15 Jul

Big oil producers are evacuating rigs in the Gulf of Mexico ahead of a major storm

Oil gains after US stockpiles drop, rigs evacuated

Business / 10 Jul

Analysts said oil was under pressure because fears over future demand amid trade disputes threatening global economic growth

Crude oil prices fall 1% on fears for global economy

Business / 05 Jul

Oil prices remain pressured by worries demand could ease amid hints of a slowdown in the global economy

Oil dips on demand worries despite OPEC cut extension

Business / 02 Jul

OPEC and its allies are on track to extend supply cuts into 2020 at their meeting in Vienna this week

Oil prices jump as OPEC to extend supply cuts

Business / 01 Jul

The price of Brent climbed 5% last week and US crude surged 10%

Oil prices drop amid demand worries

Business / 25 Jun

Brent racked up a gain of about 5% last week and WTI jumped about 10%, its biggest weekly percentage gain since December 2016

Oil extends gains on US-Iran tensions

Business / 24 Jun

Concerns are growing about crucial oil supplies being disrupted after the tanker attacks last week

Brent oil up 6% in a week on fears of US attack on Iran

Business / 21 Jun

US crude stocks fell by 3.1 million barrels last week, compared with analyst expectations for a draw of 1.1 million barrels, the EIA said

Oil jumps 3% towards $64 as US drone downed in Gulf

Business / 20 Jun

Oil's latest losses were limited by tensions in the Middle East after last week's tanker attacks

Oil prices slip for second day on global growth worries

Business / 18 Jun

Prices had jumped as much as 4.5% on Thursday after the attacks on two oil tankers near Iran and the Strait of Hormuz

Oil down 1% as economic worries outweigh tanker tension

Business / 17 Jun

Two oil tankers in the Gulf of Oman were attacked yesterday

Oil slips as demand concerns outweigh Mideast attacks

Business / 14 Jun

Oil prices jump after a suspected attack on two tankers in the Gulf of Oman near Iran and the Strait of Hormuz

Oil prices surge after suspected tanker attack

Business / 13 Jun

US crude inventories have hit the highest since July 2017, suggesting ample supplies in the world's top consumer

Oil prices set for 2019's biggest weekly loss

Business / 24 May

The price of Brent is up more than 35% this year, while WTI has gained nearly 40%

Oil rises after OPEC+ says to keep output cuts

Business / 20 May

Investors and traders are fretting over global economic growth prospects amid a standoff in China-US trade talks

Oil up as Middle East tanker attacks heighten concerns

Business / 13 May

Oil prices had already enjoyed a strong recovery this year, with output capped by Russia and the OPEC

Brent oil hits six-month high above $75 a barrel

Business / 25 Apr

Brent and WTI futures have risen by 40% and 30% respectively since the start of the year

Oil slips from 5-month high as Russia eyes output boost

Business / 09 Apr

Analysts said the overall trend in crude prices remained convincingly upwards for now

Brent set for biggest first-quarter rise since 2011

Business / 18 Feb

OPEC cut its forecast for 2019 world oil demand today, citing slowing economies

Oil up nearly 3% on Saudi and OPEC cuts

Business / 12 Feb

OPEC said its production fell sharply last month, easing fears about prolonged oversupply

Oil prices climb 1% on OPEC output cut

Business / 18 Jan

Weak Chinese figures have raised the prospect of a slowdown in fuel demand

Oil falls back to $60 on concerns about China slowdown

Business / 14 Jan

Brent and WTI are set for their second week of gains, rising nearly 8% and 10% respectively

Oil on track for weekly gains on trade talk hopes

Business / 11 Jan

Oil prices rise as OPEC cuts back on output and on easing concerns over weak demand growth

Brent crude oil rises back to $60 a barrel

Business / 09 Jan

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