Oil slips towards $47 as output cut hopes waneOil slipped towards $47 a barrel on Tuesday, falling further from the previous session's one-week high on receding hopes for imminent action to tackle a supply glut. Saudi Arabia and Russia agreed on Monday to cooperate in wor More… |
Oil falls as August price rally seen as overblownOil prices fell on Monday as analysts doubted upcoming producer talks would be able to rein in oversupply, saying that Brent would likely fall back below $50 a barrel as August's more than 20-per cent crude rally looks overblown. More… |
Oil falls as August price rally seen as overblownOil prices fell on Monday as analysts doubted upcoming producer talks would be able to rein in oversupply, saying that Brent would likely fall back below $50 a barrel as August's more than 20-per cent crude rally looks overblown. More… |
Oil falls on doubts producers can agree output cutOil prices fell away from 5-week highs early on Wednesday, as analysts doubted possible producer talks to rein in ballooning oversupply would be successful. Brent crude futures LCOc1 were trading at $48.92 per barrel at 0158 GMT, More… |
Oil falls on doubts producers can agree output cutOil prices fell away from 5-week highs early on Wednesday, as analysts doubted possible producer talks to rein in ballooning oversupply would be successful. Brent crude futures LCOc1 were trading at $48.92 per barrel at 0158 GMT, More… |