Minister for Energy Suhail al-Mazroui said Monday that he expected OPEC and non-OPEC countries to extend global supply cuts at a closely-watched meeting at the…
Oil futures edged lower on Thursday after fresh gains in the U.S. amid bullish weekly data on both supplies and production. The Energy Information Administration…
Oil rose on Thursday, recovering some ground after a surprisingly upbeat picture of U.S. demand halted the previous day’s steep slide, although the prospect of…
Oil’s modest comeback did little to change the mind of one portfolio manager who is urging investors to avoid crude and energy stocks. Chad Morganlander,…
Following a mild Thursday for markets in which crude oil managed to move slightly higher, here’s what iiTrader chief market strategist Bill Baruch will be…
Oil prices edged up Thursday but remained in bear-market territory on lingering concerns about a global supply glut. Light, sweet crude for August delivery settled…
Increased supply by several oil producing countries despite cautionary advice from the Organisation of the Petroleum Exporting Countries (OPEC) and others to reduce output has…
Saudi Arabia’s new Crown Prince Mohammed bin Salman will need higher crude prices to push ahead with his plans to reform the kingdom’s economy, making…
Oil futures rose in Asian trading on Wednesday after Reuters reported Saudi Arabia would cut supplies to the region as oil cartel Opec battles against…
International oil markets could be heading towards a new war, as leading OPEC and non-OPEC producers are vying for increased stakes. The unexpected cooperation between…
