Sanctions, OPEC cuts push Asia"s sour crude oil prices above Brent
Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium to heavy sour oil, traders and analysts said......»»
Oil prices steady despite U.S. crude inventory build, Brent near $70 a barrel
Oil prices were little changed on Wednesday even after U.S. government data showed a surprise increase in crude inventories, as OPEC-led output cuts and U.S. sanctions kept the supply outlook tight enough to hold futures near five-month highs......»»
United States Oil (USO) sanctions on Venezuelan petroleum products have cemented support for oil prices
United States Oil (USO) sanctions on Venezuelan petroleum products have cemented support for oil prices Brent crude oil prices on Thursday hit their highest so far this year, pushed up by ongoing supply cuts led by OPEC and.....»»
Oil rises 2 percent on hopes of market rebalance, trade deal
Crude prices rose nearly 2 percent on Wednesday, with Brent hitting its highest this year, on hopes that oil markets will balance later this year, helped by output cuts from top producers as well as U.S. sanctions on OPEC members Iran and Venezuela......»»
Oil little changed, U.S. ties 18-year low after OPEC cuts demand forecast
Oil prices were mixed on Thursday, as Brent crude rose modestly while U.S. futures ended unchanged at an 18-year-low after some European countries said they would relax coronavirus restrictions even though OPEC lowered its global oil demand forecast......»»
Decision Day for OPEC, Russian Production Cuts
A video teleconference Thursday morning is expected to cut up to 10 million barrels from global crude oil production. Will that be enough to push crude prices higher?.....»»
Oil futures pare gains after U.S. inventories surge most on record
Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts......»»
Oil prices hold near $67 a barrel ahead of G20 talks, OPEC
Brent crude oil held near $67 a barrel on Friday ahead of talks over the trade dispute between the U.S. and Chinese presidents this weekend and on production cuts from OPEC on Monday......»»
Oil hovers near six-month high as U.S. stockpile build counters supply fears
Oil prices hovered near six-month highs on Wednesday after data showed U.S. crude stockpiles surged to their highest levels since October 2017, countering fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran......»»
Oil eases on U.S. crude stock build but holds near five-month high
Oil prices edged down on Wednesday after U.S. government data showed a surprise build in crude inventories, but futures held near their highest in almost five months as OPEC-led output cuts and sanctions on Iran tightened the supply outlook......»»
Oil nears $70, hovers near 5-month highs on cuts, sanctions
Oil prices steadied Wednesday after Brent pushed toward a nearly five-month high of $70 a barrel on OPEC-led supply cuts and U.S. sanctions, with gains capped by a surprise increase in American inventories......»»
Oil nears $70, hovers near 5-month highs on cuts, sanctions
Oil prices steadied Wednesday after Brent pushed toward a nearly five-month high of $70 a barrel on OPEC-led supply cuts and U.S. sanctions, with gains capped by a surprise increase in American inventories......»»
Oil nears $70, hovers near five-month highs on cuts and sanctions
Oil prices steadied on Wednesday after Brent pushed towards a nearly five-month high of $70 a barrel on OPEC-led supply cuts and U.S. sanctions, with gains capped by a surprise increase in American inventories......»»
Brent nears $70 as oil prices rise for fourth day
Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected rise in U.S. inventories......»»
Brent approaches $70 as oil prices rise for fourth day
Oil prices rose for a fourth day on Wednesday, with support from OPEC-led supply cuts and U.S. sanctions overshadowing an industry report showing an unexpected rise in U.S. inventories last week......»»
Oil hits 2019 high as supply squeeze looms; Brent nears $70 per barrel
Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»
Oil hits 2019 high as supply squeeze looms, Brent nears $70 per barrel
Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»
Oil hits 2019 high on signs of tighter supply; Brent eyes $70 a barrel
Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»
Crude Oil Marks Biggest Quarterly Rise Since 2009
$USO, $OIL FLASH: Crude Oil prices rose about 1% Friday, posting their biggest Quarterly rise in 10 years, as US sanctions against Iran and Venezuela as well as OPEC-led supply cuts o.....»»
Oil set for biggest quarterly rise since 2009 amid OPEC cuts, sanctions
Oil prices rose on Friday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. Pascale Davies reports......»»
Oil set for biggest quarterly rise since 2009 amid OPEC cuts, sanctions
Oil prices rose on Friday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. Pascale Davies reports......»»