NEW YORK: The oil market’s failure to break out of the tightest range in more than a decade is sapping investor interest. After hitting a record high last...
NEW YORK: Oil advanced as the dollar weakened against its peers, spurring a rally in raw materials. Futures rose as much as 1.8 percent in New York. The...
NEW YORK: 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...
NEW YORK: Brent oil climbed to the highest level this year after OPEC approved its first supply cuts in eight years, with the focus now shifting to how...
Oil speculators headed for the sidelines as OPEC members prepare to discuss freezing output in the face of signs the supply glut will linger. Money managers...
NEW YORK: Oil rose to a four-month high in London ahead of a meeting in Doha this month where producers will discuss output freeze.Brent futures rose as much...
Crude oil advanced as investors Wednesday reassessed the reasons for a drop in futures to a 12-year low. Oil rose as much as 2.6 percent in London and 4.2...
NEW YORK: Oil was little changed in New York and London, rebounding from a 12-year low as U.S. equities pared losses. The rout in crude futures and share...
Investors are losing faith in an oil-price recovery next year as Iran prepares to add more crude to a global glut. That’s good news for American drivers who...
Oil fell to the lowest in more than six years in New York amid a worsening U.S. supply glut and the first interest rate increase by the Federal Reserve in...
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.West Texas...
Oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation that rising...
It’ll take more than $40 crude to make OPEC change its mind, analysts said before the group’s Dec. 4 meeting in Vienna. In the year since the Organization of...
LONDON: Oil fell to the lowest level in more than 5 1/2 years after Goldman Sachs Group Inc. and Societe Generale SA reduced their price forecasts and...
Iraq’s biggest jump in oil production since 1998 is increasing the burden on Saudi Arabia to lower crude exports to prevent price declines next year....
Excluding Iran from the global oil market would increase the shortfall between worldwide supply and demand based on September and October production and...
Oil climbed for the first time in six days in New York, ending the longest losing streak since May as Nikkei reported the Bank of Japan will add to its...
Oil gained for the first time in six days, paring a weekly loss, after the U.S. jobless rate fell to the lowest level in three years. Futures climbed as much...
NEW YORK: Crude oil fell for a second day as equities retreated and the dollar increased on concern the death of Osama bin Laden will spark retaliatory...