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Oil prices recover on lower output from US, Russia, OPEC

1 October 2019, 12:04 PM

Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept a lid on gains.

The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France.

Oil prices climb as positive China factory data eases demand concerns

30 September 2019, 7:56 AM

Brent crude futures rose 9 cents to $62 a barrel by 0300 GMT while US West Texas Intermediate (WTI) crude futures rose 13 cents to $56.04 a barrel.

Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan.

Oil surges, stock futures slip after attack on Saudi facility

16 September 2019, 6:13 AM

US crude futures were last up 11% at $61.10 a barrel, coming off highs on expectations other global oil suppliers would step in to lift output. Brent crude soared 13% at $68.06 after earlier rising to $71.95.

A man looks at a stock quotation board outside a brokerage in Tokyo

Asian shares fall as bets off on sharp US rate cuts

8 July 2019, 5:34 AM

Asian shares fell on Monday after strong US jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence.

Oil facilities are seen on Lake Maracaibo in Cabimas.

Oil prices hover near January lows amid surging supply

6 June 2019, 6:40 AM

Oil prices steadied on Thursday after falling to near 5-month lows in the previous session.

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