world oil prices

Oil pushes higher on worries over new US sanctions on Iran
Business

Oil pushes higher on worries over new US sanctions on Iran

Oil prices edged higher on Friday in response to the possibility of new sanctions on Iran after US President Donald…
OPEC meets non-OPEC nations for oil talks, gets Azeri support
Business

OPEC meets non-OPEC nations for oil talks, gets Azeri support

Officials from OPEC and non-member oil producing countries met on Saturday aiming to build support for an OPEC plan to…
Saudi Arabia’s Falih says OPEC should not crimp supply too tightly
Business

Saudi Arabia’s Falih says OPEC should not crimp supply too tightly

Saudi Arabia's Energy Minister Khalid al-Falih said on Monday that OPEC should not crimp oil supply too tightly and said…
Oil hits highest since June on possible US inventory drop
Business

Oil hits highest since June on possible US inventory drop

Oil rose towards $52 a barrel on Wednesday, hitting its highest since June, supported by an industry report that U.S.…
Oil prices fall as Saudi Arabia dampens prospects of output freeze
Business

Oil prices fall as Saudi Arabia dampens prospects of output freeze

Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks…
Stocks at record highs as oil jumps
Business

Stocks at record highs as oil jumps

U.S. stock indexes were trading at all-time highs on Monday, building on the record-setting rally of the past few weeks,…
Ahead of meeting, OPEC seems close to riding out price slump
Business

Ahead of meeting, OPEC seems close to riding out price slump

OPEC is not yet in safe harbor. But ahead of a top-level meeting, the 13-nation oil cartel appears close to…
Oil falls as dollar strengthens but traders eye Nigerian outages
Business

Oil falls as dollar strengthens but traders eye Nigerian outages

Oil prices ended a three-day bull run on Friday, falling as a strong dollar made it more expensive to hold…
Oil falls as investors cash in on month-long gains
Business

Oil falls as investors cash in on month-long gains

Oil prices fell on Friday as investors cashed in on a 20-percent rise over the past month, outweighing the impact…
IEA chief says oil price bottoming depends on global growth
Business

IEA chief says oil price bottoming depends on global growth

International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing that the…
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