Oil slips as pessimism over supply resurfaces Oil prices fell today, surrendering earlier gains as investors weighed up the effectiveness of a potential cut in supply from OPEC and possibly other exporters ... Business • 19 Nov 18
Oil up as Saudi warns weaker demand may warrant cut Oil rose by more than 1% today, set for its largest one-day increase in a month after Saudi Arabia said OPEC and its partners believed ... Business • 12 Nov 18
Oil near four year high ahead of US sanctions on Iran Oil markets rose today, with Brent crude holding above $85 and near four-year highs reached the previous day as markets prepare for tighter supply once ... Business • 02 Oct 18
Oil rises above $79 a barrel on Norway strike Oil prices rose more than $1 per barrel today due to growing supply outages, with Norway shutting one oilfield as hundreds of workers began a ... Business • 10 Jul 18
OPEC agrees modest hike in oil supply OPEC has agreed to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source ... Business • 22 Jun 18
OPEC sees strong oil market, may need more output Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the market could ... Business • 19 Jun 18
Oil extends losses as OPEC and Russia look to up output Oil prices extended losses today as Saudi Arabia and Russia said they may increase supplies while US production gains show no signs of slowing. Business • 28 May 18
Oil slumps as Saudi Arabia and Russia mull output boost Oil prices fell more than 2% towards $77 a barrel today as Saudi Arabia and Russia said they were ready to ease supply curbs that ... Business • 25 May 18
Oil falls but US-China trade truce caps losses Oil declined today, surrendering early gains, although the prospect of an easing in trade tensions between the US and China helped stem losses. Business • 21 May 18
US oil output to grow again this year, says OPEC Booming oil output in the US - which has threatened to derail other producers' efforts to drive up crude prices - looks set to expand ... Business • 14 May 18
Trump says will not accept high oil prices, crude dips US President Donald Trump has criticised OPEC for output reductions that have helped raise oil prices and said the action would not be tolerated, as ... Business • 20 Apr 18
Qatar says too early to exit OPEC oil cuts OPEC and its allies should maintain oil supply curbs to guarantee healthy price levels which will allow increased investment in the industry and help avoid ... Business • 05 Apr 18
Saudi Arabia converts Aramco into joint-stock company Saudi Arabia has changed the status of its national oil giant Aramco to a joint-stock company as of January 1, in a key step for ... Business • 05 Jan 18
Oil hits highest since 2015 on Iran unrest Oil rose further above $68 a barrel today to the highest level since May 2015, supported by unrest in Iran raising concern about risks to ... Business • 04 Jan 18
Oil dips from highs, but OPEC's cuts support market Oil prices have dipped away from some of their highest levels since 2015, weighed down by rising US output and the expected January re-opening of ... Business • 22 Dec 17
Oil up on UK pipeline outage but US supply caps gains Oil edged up towards $64 a barrel today, helped by a North Sea pipeline outage, OPEC-led supply cuts and jitters about threats to Middle East ... Business • 19 Dec 17
OPEC expects to stick to cuts in second half of 2018 Saudi Arabia's Energy Minister Khalid al-Falih has said oil producers might start discussing in June when to raise output once the market outlook is clearer, ... Business • 04 Dec 17
Oil prices rise after OPEC extends output curbs Oil edged up today after OPEC and other major producers agreed to continue reining in output until the end of next year to try to ... Business • 01 Dec 17
OPEC agrees oil cut extension to end of 2018 OPEC has agreed to extend oil production cuts until the end of 2018, a delegate said as the group strives to finish clearing a global ... Business • 30 Nov 17
US oil prices rise to two-year high on Keystone outage Oil prices have climbed today, with US oil crude hitting a more than two-year high as North American markets tighten on the partial shutdown of ... Business • 24 Nov 17
Oil prices ease on rising output from US producers Oil slipped today on concerns that rising US output would hamper OPEC's attempts to tighten supplies, outweighing worries about the shutdown of a major US ... Business • 23 Nov 17
Oil prices rise on Canadian pipeline disruption to US Oil prices rose this morning as ongoing cuts of piped Canadian crude to the United States added to falling US crude inventories, while expectations of ... Business • 22 Nov 17
Oil markets tepid ahead of OPEC meeting Oil markets have been tepid today as traders are reluctant to take on big new positions ahead of an OPEC meeting at the end of ... Business • 20 Nov 17
Oil set for first weekly fall in six on oversupply Oil prices were steady today but on track for the first weekly fall in six weeks, under pressure from surging US supplies and creeping doubts ... Business • 17 Nov 17
Oil prices caught between OPEC cuts & rising US supply Oil prices held steady in trading today as expectations that OPEC would extend output cuts offset the impact of rising US crude production and inventories. Business • 16 Nov 17
