Tag: crude

Oil struggled to gain above $78 a barrel as the prospect of shrinking Iranian crude exports was countered by signs of higher output from...

Oil held gains above $68 a barrel on slowing American drilling and investor optimism after a breakthrough in a trade standoff between the U.S....

The prospect of tighter supplies from the U.S. to the North Sea and Iran is helping oil recover this week from the longest losing...

Oil headed for the longest run of weekly declines in three years, dragged down by everything from an emerging-market rout to rising global supplies...

Oil traded near $65 a barrel as investors weighed a surprise gain in American crude inventories against optimism over trade talks between the U.S....

A bruising week for oil has set prices on course for the longest weekly losing streak in three years as a trade war between...

Oil held losses near a seven-week low as China vowed to retaliate against the U.S. administration’s latest tariffs, raising trade tensions between the world’s...

Oil held gains near $69 a barrel as falling American stockpiles added to speculation of tightening supplies, offsetting concerns over escalating trade tensions between...

Oil traded below $69 a barrel as investors weighed the prospect of shrinking global demand due to a trade spat between the world’s two...

Oil companies are rolling back the cost of petroleum products this week, although at a rate lower than the price increases in recent weeks. Gasoline...

The US has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the negotiations, dealing a blow...

Oil traded near $68 a barrel after sliding for two consecutive sessions as rising US inventories and higher output from OPEC and Russia weighed...

Oil extended losses below $69 a barrel after a surprise gain in American crude inventories spooked investors who are already contending with the rising...

Crude jumped the most in more than a month as concern that a key Canadian facility won’t return to full production as quickly as...

After last week's brief respite, consumers are faced this week with another hefty oil price increase, with gasoline prices posting the biggest increase at...

It’s getting ugly out there. Commodities are getting shaken up as investors fret about the fall-out from the global trade war, and as the...

Oil held gains near $70 a barrel after Saudi Arabia signaled it won’t export oil beyond its customers’ needs, dispelling fears that it may...

Oil traded below $69 a barrel as investors tried to gauge demand growth in the world’s biggest economy following conflicting data on US stockpiles. Futures...

Oil arrested losses near the lowest level in more than three weeks as investors weighed the prospect of shrinking U.S. inventories against more supply...

Oil retreated below $71 a barrel as Saudi Arabia was said to offer extra crude supplies to some customers following a plan to boost...

Oil fell below $74 a barrel after US President Donald Trump escalated a trade war with China, heightening fears that global economic growth could...

Oil investors may regret urging companies to cough up cash now instead of investing in growth for later as the dearth of exploration is...

Oil held near three-year highs on U.S. Independence Day as tight supplies at home and abroad overshadow a Saudi pledge to boost output. President...

Oil surged this week by the most in two months as Saudi Arabia’s assurance of increased output failed to assuage concerns that disruptions from...

US crude traded near the highest in 3 1/2 years as disruption at Libyan ports and a plunge in American stockpiles reinforced fears of...

Brent crude traded near $75 a barrel as key Libyan oil ports were handed to a company rivaling the nation’s internationally recognized energy producer. The...

Oil fell to near $65 a barrel as traders assessed escalating tensions between the world’s two biggest economies as well as an upcoming OPEC...

The Energy department should provide clarity on its plan to import oil from Russia and non-members of the Organization of the Petroleum Exporting Countries...

Singapore -- Qatar will not be dragged into any conflict with Iran, a senior Qatari official said Sunday. Defense minister Khalid bin Mohammad al-Attiyah told...

The Department of Energy (DoE) targets to receive in June the first shipment of oil from non-members of the Organization of the Petroleum Exporting...

Oil in New York headed for a second weekly loss as U.S. output surged, pushing the American marker to near its weakest level in...

Oil in New York headed for its longest run of losses since February after Saudi Arabia and Russia proposed raising production later this year. Futures...

Hong Kong, China -- Energy firms plunged with oil prices in Asia Monday after Saudi Arabia and Russia signaled they could lift output, while...

Oil headed for its longest run of losses in almost four months as Saudi Arabia and Russia said they are discussing reviving output to...

Oil companies will be raising the prices of petroleum products this week, the third straight week that they will be doing so after a...

The tax reform law has a mechanism that calls for the Energy department to prompt the suspension of another increase in taxes imposed on...

Oil extended gains as a new wave of U.S. sanctions on Venezuela stoked concerns over its crude production and as analysts forecast further declines...

Oil advanced near $72 a barrel as an economic truce between the U.S. and China eased fears of a trade war, and before a...

Oil companies will impose this week the biggest price increase for gasoline products so far this year at P1.60 per liter, with the prices...

Riyadh, Saudi Arabia -- The Saudi and Emirati energy ministers voiced concerns on Thursday over oil price fluctuations, saying they were determined to maintain...

London, United Kingdom -- Oil prices rallied further Thursday, reaching fresh 3.5-year highs, as US President Donald Trump's decision to tear up the Iran...

PXP Energy Corp. has trimmed its net loss to P3.7 million in the first quarter, in part because of the higher petroleum revenues and...

US oil rose above $70 a barrel for the first time since November 2014 as traders braced for a re-imposition of US sanctions on...

Oil fell as the US oil rig count rose for a fourth week, but was still poised for a second monthly advance. Futures in New...

Oil steadied amid signs that French President Emmanuel Macron was struggling in his push for a new deal that might prevent further US sanctions...