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Brent crude futures, the international benchmark for oil prices, were at $51.65 per barrel shortly before 8am Irish time, down 22 cents, or 0.4%, from their last close

Oil prices fall on concerns of oversupply

Business / 23 Aug 17

Oil prices hit two-month high over sanctions threat

Business / 31 Jul 17

OPEC said that stocks held by industrial nations had fallen by 90m barrels in the first six months of the year but were still 250m barrels above the five-year average

Oil prices extend gains after Saudi export pledge

Business / 25 Jul 17

Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC producers will meet in the Russian city of St Petersburg later

Oil prices inch up ahead of joint OPEC/non-OPEC meeting

Business / 24 Jul 17

International benchmark Brent crude futures were up 10 cents, or 0.2%, at $49.40 per barrel at 7.58am Irish time

Oil prices edge up ahead of OPEC meeting

Business / 21 Jul 17

Investors in US crude futures and options have increased their bets against any future further rise in prices

Oil rebounds but still threatened by growing US supply

Business / 26 Jun 17

Oil prices set for worst half year performance in 20 years

Oil creeps up from 10-month low, down nearly 4% on week

Business / 23 Jun 17

A bigger than expected cut in US crude stockpiles reported overnight has made little impact on the oil market

Brent crude oil edges back above $45

Business / 22 Jun 17

Oil prices steady today after seeing price drops of 2% yesterday

Oil set for worst half year result since 1997

Business / 21 Jun 17

Both Brent and WTI oil benchmarks are down more than 15% since late May

Oil prices hit seven-month lows on global oversupply

Business / 20 Jun 17

US contracts are on track for weekly losses of more than 5%

Oil down as US climate move compounds glut concerns

Business / 02 Jun 17

Trading activity will be subdued today due to public holidays in China, the US and the UK

Oil dips as US drilling undermines OPEC cuts

Business / 29 May 17

Analysts believe that the OPEC-led production cuts would support a further rise in US output

Oil drops after output cut extension falls disappoint

Business / 26 May 17

Brent crude futures were up 32 cents, or 0.6%, from their last close at $53.93 per barrel at 2.45am Irish time

Oil prices rise amid reports of supply cut extension

Business / 22 May 17

Shale oil investment decisions and cycles are shorter because it only takes a month to drill and bring a well online.

US oil output back near records, challenging OPEC

Business / 19 May 17

OPEC and Russis have been spurred into action as crude futures have languished around $50 a barrel

Saudi Arabia, Russia agree oil output cuts until 2018

Business / 15 May 17

Traders are uncertain whether OPEC and other producers will extend output cuts beyond the middle of the year

Oil slips on doubts over duration of output cut

Business / 27 Mar 17

US crude oil inventories climbed by 4.5 million barrels in the week to March 17 to 533.6 million barrels, new figures show

Oil prices fall on rising crude storage levels

Business / 22 Mar 17

Strong demand for oil is working to slowly erode a global fuel supply overhang

Oil prices rise on talk of OPEC cut extension

Business / 21 Mar 17

The slump in oil prices has occurred as more rigs are deployed to look for oil in the US

Oil falls to 3-month low as US rig count climbs

Business / 13 Mar 17

Oil prices fall again down after yesterday's steep losses

US crude oil slumps below $50 after stocks build

Business / 09 Mar 17

US drillers added most rigs in nearly four years last week, figures show

Oil down as signs of US output rise overshadow cut

Business / 23 Jan 17

Doubts remain that all producers would fully implement planned output reductions

Oil prices edge up on OPEC hopes but doubts linger

Business / 06 Jan 17

The Organisation of the Petroleum Exporting Countries promised in November to cut output to help prop up prices

Oil rises as Saudi Arabia discusses supply cuts

Business / 05 Jan 17

Crude oil prices are being held back by a strong US-dollar

Oil prices rise on expected drop in US inventories

Business / 04 Jan 17

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