Oil prices drop amid demand worries Oil fell this morning amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting … Business • 25 Jun 19
Oil jumps 3% towards $64 as US drone downed in Gulf Oil rose more than 3% towards $64 a barrel today after Iran shot down a US military drone, raising fears of a military confrontation between … Business • 20 Jun 19
Oil prices set for 2019's biggest weekly loss Oil rose towards $69 a barrel today after two sessions of losses, but remained on track for its biggest weekly drop this year due to … Business • 24 May 19
Oil up nearly 3% on Saudi and OPEC cuts Oil prices gained nearly 3% today, supported by OPEC-led production cuts, which Saudi Arabia said it would surpass by more than half a million barrels … Business • 12 Feb 19
Oil prices climb 1% on OPEC output cut Oil prices rose more than 1% today after an OPEC report showed its production fell sharply last month, easing some concerns about prolonged oversupply. Business • 18 Jan 19
Oil falls back to $60 on concerns about China slowdown Oil slipped to around $60 a barrel today after data showed weakening imports and exports in China, the world's second-largest oil consumer, raising the prospect … Business • 14 Jan 19
Oil on track for weekly gains on trade talk hopes Oil prices rose slightly today, putting them on track for solid weekly gains after financial markets strengthened due to hopes the US and China may … Business • 11 Jan 19
Brent crude oil rises back to $60 a barrel Benchmark oil contract Brent North Sea crude climbed back to $60 per barrel today, with OPEC cutting output and on easing concerns over weak demand … Business • 09 Jan 19
Oil prices gain 2% extending rally from December lows Oil prices rose by 2% today, extending a rally from 18-month lows hit in December with support from OPEC production cuts and steadying equity markets. Business • 07 Jan 19
Oil steady near 18 month lows after profit-taking Oil prices steadied today after a week of volatile trading, shedding early gains on profit-taking ahead of the New Year holiday and pressured by concerns … Business • 28 Dec 18
Oil prices fall over 1% as US stock markets retreat Oil prices fell today after rebounding 8% in the previous session, with prices pressured by concerns over a faltering global economy and worries about a … Business • 27 Dec 18
Oil rises on signs recent low prices reducing US output Oil markets have risen today on signs that the recent price plunge may start crimping supply from the United States, currently the world's biggest crude … Business • 24 Dec 18
Oil hits multi-month lows as downbeat mood persists Oil prices fell to their lowest since the third quarter of 2017 today, heading for losses of more than 11% in a week. Business • 21 Dec 18
Oil slumps 4% to lowest level in a year Oil prices fell more than 4% today, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand … Business • 20 Dec 18
Oil slumps to fresh one-year lows in markets rout World oil prices have tumbled today to strike the lowest levels in more than a year, hit by a markets rout that is rooted in … Business • 18 Dec 18
Oil drops as oversupply, economic growth worries weigh Oil prices fell about 1% today on signs of oversupply in the United States and as investor sentiment remains under pressure from concern over global … Business • 17 Dec 18
OPEC, Russia to cut oil output despite Trump pressure OPEC and its Russia-led allies agreed today to cut oil production by more than the market had expected despite pressure from US President Donald Trump … Business • 07 Dec 18
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
