OPEC and allies set to ease oil output cuts, anticipating demand recovery
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production ...
Tag: Commodity markets
Oil prices mixed as coronavirus spike casts shadow over U.S. demand
Oil pumps at sunset, industrial oil pumps equipment.Pramote PolyamateOil prices offered up a mixed market snapshot on Monday, with ...
Oil rises after sharp drop in U.S. crude inventories
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus ...
Oil jumps nearly 90% in May to $35, registering best month on record
Oil jumped more than 5% on Friday, the last trading day of the month, capping off its best month ...
Oil tallies a nearly 10% weekly gain as OPEC+ tightens reins on output
Oil futures on Friday settled higher for the session, with U.S. prices up nearly 10% for the week as ...
Oil prices drop on demand worries as coronavirus cases rise
A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. ...
Oil jumps 3% on supply cuts, improving demand
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus ...
Oil falls on growing fears of a second wave of coronavirus
An aerial view shows pumpjacks in the South Belridge Oil Field on April 24, 2020 near McKittrick, California.David McNew ...
Oil prices end slightly lower, post first weekly loss in 7 weeks
Oil futures settled at a modest loss on Friday, with U.S. and global benchmark prices suffering their first weekly ...
Oil posts worst week since April, snaps 6-week winning streak
An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, ...
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