Oil slips as economic woes offset tightening supplies Crude futures slipped this morning as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output ... Business • 12 Jul
Oil mixed amid US inventories draw, OPEC+ impasse Oil prices rose for a second day today as data showed a draw in US inventories, but were headed for a weekly loss amid uncertainty ... Business • 09 Jul
Oil prices continue to fall as OPEC+ uncertainty weighs Oil prices fell for a third day today amid supply uncertainty after the collapse of talks among leading producers raised the possibility of the current ... Business • 08 Jul
Oil rises to $75 but OPEC+ uncertainty clouds outlook Oil rose to $75 a barrel today, rebounding from steep losses a day earlier with support coming from a tight market in the short term ... Business • 07 Jul
Oil hits multi-year highs after OPEC+ talks collapse Oil prices climbed to multi-year highs today after OPEC+ producers clashed over plans to raise supply to meet rising global demand. Business • 06 Jul
Oil up as OPEC+ calls off talks over output row OPEC+ ministers have called off oil output talks after clashing last week when the United Arab Emirates balked at a proposed eight-month extension to output ... Business • 05 Jul
Oil prices fall after OPEC+ extends supply talks Oil prices edged lower today after OPEC+ ministers delayed an output policy meeting, with sources saying the United Arab Emirates had balked at proposals that ... Business • 02 Jul
Oil drops as Covid surges threaten fuel demand outlook Oil prices dropped for a second day today on worries about slower fuel demand growth as outbreaks of the highly contagious Delta variant of coronavirus ... Business • 29 Jun
Oil prices rise as global inventories decline Oil prices inched higher this morning, and were on track for a fifth consecutive weekly gain, on expectations that demand growth would outstrip supply and ... Business • 25 Jun
Oil jumps to more than two-year high on US inventories Oil rose above $75 a barrel today, reaching its highest since late 2018, after an industry report on US crude inventories reinforced views of a ... Business • 23 Jun
Oil up on optimism of quick recovery in global demand Crude oil prices rose today, with Brent hitting $75 a barrel for the first time since April 2019, as investors remained bullish about a quick ... Business • 22 Jun
Oil prices climb as Iran nuclear talks drag on Oil prices rose today, underpinned by strong demand during the summer driving season and a pause in talks to revive the Iran nuclear deal that ... Business • 21 Jun
Oil falls amid dollar strength but demand still strong Oil prices fell for a second session in a row today as the US dollar soared on the prospect of interest rate hikes in the ... Business • 18 Jun
Oil hits new high near $75 on demand rise Oil prices gained for a fifth day in a row today, climbing towards $75 a barrel to its highest since April 2019, supported by a ... Business • 16 Jun
Oil prices rise as demand improves, supplies tighten Oil prices rose today, hitting their highest levels in more than two years supported by economic recovery and the prospect of fuel demand growth as ... Business • 14 Jun
Oil rises to fresh multi-year highs on demand recovery Oil prices rose today to fresh multi-year highs and were set for their third weekly jump on expectations of a recovery in fuel demand in ... Business • 11 Jun
Oil prices retreat but outlook remains positive Oil prices extended losses today on profit taking and a stronger US dollar, but overall optimism about recovering demand kept a floor under prices. Business • 08 Jun
Oil extends gains on OPEC+ supply discipline Oil prices rose today, supported by an OPEC+ decision to stick to its plan to restore supply to the market gradually and by the slow ... Business • 02 Jun
Oil prices climb on improving demand outlook Oil prices climbed in early trade today, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to ... Business • 31 May
Oil prices regain some losses amid potential Iran hitch Oil prices rose today as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs ... Business • 24 May
Oil prices rise as US, Europe reopen economies Oil prices rose today to hit $70 a barrel for the first time since March, as expectations of demand recovery following reopenings of the European ... Business • 18 May
Oil prices stable as recovery confidence holds up Oil prices held firm today, trading in a tight range as European economic reopenings offset gloom from surging Covid-19 cases in Asia, fresh restrictions and ... Business • 17 May
Oil prices jump but India coronavirus cases weigh Oil prices rose today, reversing some of the previous day's sharp losses as stock markets strengthened and the US dollar slipped, though gains were capped ... Business • 14 May
Oil drops as India's Covid crisis puts brakes on rally Oil prices fell 1% today as India's coronavirus crisis deepened, halting a rally that had lifted crude to an eight-week high after the IEA and ... Business • 13 May
Oil climbs on demand outlook as market waits fresh cues Oil prices rose today on signs of a speedy economic recovery and upbeat forecasts for energy demand supported by vaccinations against Covid-19 although waves of ... Business • 12 May
