Brent oil is headed for its biggest weekly gain since 2009 after OPEC approved its first supply cut in eight years, with attention now shifting to compliance...
Oil speculators headed for the sidelines as OPEC members prepare to discuss freezing output in the face of signs the supply glut will linger.
Saudi Aramco, the world’s largest oil exporter, lowered the pricing terms for Arab light crude sold to Asia by the most in 10 months, signaling Saudi Arabia...
Oil rose to a four-month high in London ahead of a meeting in Doha this month where producers will discuss output freeze.
Oil traded above $41 a barrel after terrorist attacks in Brussels, amid forecasts that U.S. crude supplies climbed from an 86-year high.
Speculators became the most bullish on oil since June as a meeting of major producers next month may yield an agreement to cap output.
For leading U.S. shale oil producers, $40 is the new $70.
Crude oil advanced as investors Wednesday reassessed the reasons for a drop in futures to a 12-year low.
Investors are losing faith in an oil-price recovery next year as Iran prepares to add more crude to a global glut.
Oil climbed a second day after tumbling to a six-year low amid signs the U.S. may allow unfettered crude exports for the first time in 40 years.
Oil prices jumped again Tuesday as a tumbling dollar sent most commodities rallying, bringing crude’s four-day rise to about 19 percent, its biggest such...
Oil slumped Wednesday, with U.S. crude prices at near six-year lows, after the government reported record-high inventories in the United States that raised...
Crude oil markets jumped as much as 5 percent Monday, rebounding from five-year lows with their biggest daily gain since 2012, on fears that the high U.S....
Crude oil tumbled Friday, knocking down both energy-related shares and currencies after OPEC’s decision a day earlier not to cut output reinforced prospects...