Oil on seeming recovery as Trump intervenes in Saudi-Russia price feud
Oil extends recovery as Trump hints at intervening in Saudi-Russia price war – Oil prices recovered further on Friday, following steep gains in the previous session after U.S. President Donald Trump hinted he may intervene in the price war between…
Endless wait for U.S.-China talks keeps oil prices steady from last week’s gains
Oil prices were little changed on Monday following steady gains in the previous week with investors awaiting fresh clues over prospects for a trade deal between the United States and China, shrugging off concerns over steadily rising oil supplies. Brent…
U.S. oil prices rise as Gulf oil rigs evacuated ahead of hurricane
U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane. U.S. West Texas Intermediate (WTI) crude futures were at $70.05 per barrel at 0353 GMT,…
Oil prices on downward trend over worries on slowing economic growth
Oil prices fell on Monday as concerns over slowing economic growth weighed on markets. Brent crude futures, which act as a benchmark for international oil prices, were at $71.59 per barrel at 0413 GMT, down 24 cents, or 0.3 percent,…
Anxiety as oil prices drop more than 1% amid global market disquiet
Global oil prices on Tuesday, fall more than 1 percent amid global market rout, thus extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intra-day falls ever registered on…
