Oil prices initially rose on a smaller-than-expected US producer price increase and the API's report of declining crude oil inventories. Optimism faded after the EIA reported an inventory ...
The API figures showed crude stocks shrunk by 5.21 millionbarrels in the week ended Aug. 9, the sources said, speaking ...
Oil prices were weaker as demand concerns, following OPEC’s forecast cuts, outweighed fears of growing tensions in the Middle East.
Oil prices were rebounding amid reports that U.S. crude stocks fell for the seventh consecutive week and weaker-than-expected producer-price index data boosting hopes of a September interest-rate cut.
Oil prices have been tumbling in recent weeks, but there are signs that they may have hit their bottom, with glints of ...
Concerns about the U.S. economy overpowered fears of escalating tensions in the Middle East this week to push oil prices to ...
Oil prices are falling back once again as traders refocus on demand concerns after there was no immediate response by Iran to ...
As weather threats decline for the moment for Gulf Coast oil production, both diesel and gas prices declined over the past ...
Oil prices held steady on Friday but remained on course for a fourth successive weekly decline as signs of weak growth in ...
Scotland's public spending deficit increased by £3.6bn to £22.7bn last year as oil and gas revenues were cut in half. The ...
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Oil prices slipped in early Asian trading on Wednesday following a brief rebound in the previous session after industry data ...