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 »
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 »
Oil markets were stable on Monday, with Brent remaining above $60 per barrel supported by expectations that an OPEC-led production cut due to expire next March would be extended. More »
Oil edged higher on Friday as tensions around Iraqi Kurdistan threatened the region's crude supplies, helping Brent prices to their strongest third-quarter performance since 2004. More »
U.S. crude oil prices slipped below $50 per barrel on Monday but stayed close to multi-month highs amid a drop in shale drilling and as refineries continued to restart after Hurricane Harvey. More »
U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main feedstock. More »
Oil prices dipped on Wednesday but gasoline spiked to its highest since mid-2015 as flooding in the wake of Hurricane Harvey knocked out almost a quarter of U.S. refineries, crimping demand for crude but raising fears of fuel shortages. More »
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, crippling Houston and its port, and knocking out numerous refineries as well as some crude production. More »
FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi, Vietnam December 20, 2016. Oil edged up to around $49 a barrel on Monday as a slowdown in the increase of rigs drilling in the United States eased concern that surging shale supplies will... More »
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 »
FILE PHOTO: A Total petrol station is seen in Libreville, Gabon, February 2, 2017. Picture taken February 2, 2017 REUTERS/Mike Hutchings/File Photo Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders s... More »
FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to b... More »
FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi, Vietnam December 20, 2016. REUTERS/Kham/File Photo Oil prices fell on Thursday as record U.S. crude inventories underscored that markets remain bloated, although traders said there were s... More »
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite ... More »
An oil derrick and wind turbines stand above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson Oil prices dipped on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global supp... More »
Workers look at a drilling rig of the Rosneft-owned Prirazlomnoye oil field outside Nefteyugansk, Russia, August 4, 2016. REUTERS/Sergei Karpukhin/File Photo Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid wo... More »
Chevron Corp’s refinery is shown in Richmond, California August 7, 2012. REUTERS/Robert Galbraith/File Photo Crude oil lost more ground on Wednesday with rising U.S. oil output adding pressure on the market, although OPEC production cuts continued to offer sup... More »
FILE PHOTO – A worker fills a tank with subsidized fuel at a fuel station in Jakarta April 18, 2013. REUTERS/Beawiharta Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the v... More »
FILE PHOTO: An oil pump jack can be seen in Cisco, Texas, August 23, 2015. REUTERS/Mike Stone/File Photo Oil prices rose on Thursday, supported by an unexpected draw in U.S. gasoline inventories, although bloated crude supplies meant that fuel markets remain u... More »
Oil pump jacks are seen next to a strawberry field in Oxnard, California February 24, 2015. REUTERS/Lucy Nicholson Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U.S. crude inventories and a slump in Chinese demand... More »
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, February 1, 2017. REUTERS/Staff/Remote Political uncertainty ahead of European elections prompted nervous investors to sell the euro a... More »
A general view of a crude oil importing port in Qingdao, Shandong province, in this November 9, 2008 file photo. REUTERS/Stringer/Files Oil steadied near $57 barrel on Monday as OPEC supply cuts and rising tensions between the United States and Iran were count... More »
A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. More »
FILE PHOTO: A worker checks the valve of an oil pipe at the Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym, Russia, January 25, 2016. REUTERS/Sergei Karpukhin/File Photo Oil prices inched up on Monday, supported by a weaker dol... More »
Rigging equipment is pictured in a field outside of Sweetwater, Texas June 4, 2015. REUTERS/Cooper Neill Oil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid nagging concern that output cuts, planned as part of concerted a... More »
A worker takes oil samples from a well at the Gazpromneft-owned Yuzhno-Priobskoye oil field outside the West Siberian city of Khanty-Mansiysk, Russia, January 28, 2016. REUTERS/Sergei Karpukhin/File Photo Oil prices were stable on Tuesday as financial investor... More »
A Texaco service station displays the price of petrol and diesel close to the financial centre of London January 30, 2016. REUTERS/Paul Hackett Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output, with t... More »
