Oil heads for 7 week decline for first time in 5 years Oil benchmarks were on track for a seven-week decline today, their first in half a decade, on worries about a supply surplus and weak Chinese … Business • 08 Dec
Oil falls on demand fears and doubts over OPEC+ cuts Oil prices extended declines today, pressured by investor scepticism over the latest OPEC+ decision on supply cuts and uncertainty surrounding global fuel demand, though the … Business • 04 Dec
OPEC+ agrees oil output cuts OPEC+ oil producers have agreed to output cuts approaching 2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over … Business • 30 Nov
OPEC+ postpones policy meeting to November 30 OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts to November 30 from November 26 as producers struggled to agree on production … Business • 23 Nov
Oil retreats on caution ahead of OPEC+ meeting Oil fell today, reversing steep gains made in the past two sessions, as investors turned cautious ahead of a meeting of OPEC+ this Sunday when … Business • 21 Nov
Oil rebounds from 3-week low amid strong dollar Oil prices recovered slightly after hitting a three-week low today, as investors weighed a stronger US dollar, darkening global economic signals and tightening supply. Business • 03 Oct
Oil prices down 2% to three-week low Oil prices fell about 2% today to a three-week low as a higher-priced Brent contract expired, the US dollar strengthened and traders took profits, concerned … Business • 02 Oct
Oil prices climb further amid concerns over supply US oil futures jumped to their highest in more than a year today as a drop in crude stocks in the United States added to … Business • 28 Sep
OPEC expects global oil demand to rise in 2024 Oil prices held near recent highs on Friday amid optimistic demand forecasts from the OPEC producer group and the International Energy Agency. Business • 11 Aug
Oil set for sixth weekly gain on extended supply cuts Oil prices were on track for a sixth week of gains after Saudi Arabia and Russia, the world's second and third-largest crude producers, pledged to … Business • 04 Aug
Oil stuck between supply strains and economic doubt Oil crept higher today in a market caught between expectations supply cuts by the world's biggest fuel exporters will drive prices higher and concerns global … Business • 12 Jul
Oil steady as supply cuts counter economic headwinds Oil prices were little changed today as traders weighed supply cuts by the world's biggest oil exporters and hopes for higher demand in the developing … Business • 11 Jul
Saudi Arabia and Russia deepen oil cuts Saudi Arabia and Russia, the world's biggest oil exporters, today deepened oil cuts, sending prices higher despite concerns over a global economic slowdown and possible … Business • 03 Jul
Oil falls as economic backdrop outweighs Saudi cut Oil prices tumbled by more than $1 a barrel, retreating from a strong rally in the previous session as worries over global economic growth outweighed … Business • 06 Jun
Oil rises after US debt deal, all eyes on OPEC meeting Oil prices rose today after a US debt ceiling deal averted a default in the world's biggest oil consumer and jobs data indicated a possible … Business • 02 Jun
Oil down 2% on US debt deal struggles, OPEC uncertainty Oil prices fell by nearly 2% today as concerns about the US debt ceiling pact cooled the market's risk-on sentiment and mixed messages from major … Business • 30 May
Oil dips as rate hike fears offset US debt deal Oil prices slipped today as worries over further interest rate hikes that could curb energy demand trumped a tentative US debt ceiling deal, possibly averting … Business • 29 May
Oil up amid OPEC+ supply cut uncertainty, demand worry Oil prices were stable today, as the market weighed conflicting messages on supply from Russia and Saudi Arabia ahead of the next OPEC+ policy meeting, … Business • 26 May
Oil prices steady on uncertain global outlook Oil prices fell more than 1% today as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from … Business • 24 Apr
Oil dips as market awaits Chinese GDP data Oil prices turned lower today as investors mulled over a possible May interest rate hike by the US Federal Reserve, which could dampen economic recovery … Business • 17 Apr
Oil gains after IEA sees demand rising to record high Oil prices rose today and were headed for a fourth week of gains in a row after the West's energy watchdog said it expected global … Business • 14 Apr
Oil edges down on US recession risk worries Oil prices slipped today as the prospect of a possible recession in the US, the world's largest oil consumer, offset concerns of tight supply. Business • 13 Apr
Oil heads for third weekly gain after shock OPEC+ cuts Oil held steady today, on track for a third weekly gain as markets weighed further production cuts targeted by OPEC+ and a drop in US … Business • 06 Apr
Oil prices stable as economic fears balance OPEC+ cuts Oil prices were stable today, as the market weighed gloomy economic prospects against expectations of US crude inventory declines and OPEC's voluntary output cuts announcement. Business • 05 Apr
Oil extends gains on OPEC+ surprise cuts move Oil prices rose today after OPEC+ plans to cut more production jolted markets the previous day and shifted investors' attention to demand trends and the … Business • 04 Apr
