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Oil prices rise after OPEC extends output curbs

A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017 . REUTERS/Christian Hartmann LONDON (Reuters) – Oil prices rose on Friday, following an agreement by OPEC and other major producers to extend output curbs until the end... More »

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Oil markets tepid ahead of Nov. 30 OPEC meeting

Men work for Iraqi Drilling Company at Rumaila oilfield in Basra, Iraq, May 11, 2017. REUTERS/Essam Al-Sudani SINGAPORE (Reuters) – Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of t... More »

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Oil up on falling U.S. inventories, Saudi cuts to Asia

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. ... More »

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Oil price jump pulls stocks higher

People are seen behind an electronic board showing stock prices at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon Asian stocks rose on Thursday, getting a lift from a record high close on MSCI’s global stocks benchmark ... More »

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Oil prices claw back losses, but oversupply still weighs

A gas station attendant pumps fuel into a customer’s car at PetroChina’s petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-Hoon Oil prices regained some ground on Thursday after steep losses the previous day, as Kuwait said it expected an OPE... More »

Oil prices fall over doubts of planned crude output cut

An employee holds a gas pump at a petrol station in Sao Paulo, Brazil, November 8, 2016. REUTERS/Paulo Whitaker/File Photo Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts ... More »