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Oil falls for second day as US rig count risesCrude oil slid for a second session on Monday, falling further from last week's 2016 highs on concerns over a supply glut after the US rig count rose for the first time since December. US energy firms last week added one oil r More… |
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Oil falls for second day as US rig count risesCrude oil slid for a second session on Monday, falling further from last week's 2016 highs on concerns over a supply glut after the US rig count rose for the first time since December. US energy firms last week added one oil r More… |
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Oil up on lower US rig count, weaker dollarOil prices rose in early Asian trading on Monday after US drillers cut oil rigs for six straight weeks, while traders awaited Chinese trade data to be published following the one-week National Holiday. US drillers removed nine oil More… |
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Oil prices rise on Iraq, Yemen fightingOil prices edged up on Monday on supply concerns in the Middle East following fighting in Iraq and Yemen, but signs of strengthening US production capped gains. Front-month Brent futures were up 9 cents at $66.90 a barrel by 0311 More… |
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Oil extends gains on lower US rig countOil prices rose on Monday, extending last week's gains as a drop in the number of US rigs drilling for crude pointed to lower supply later in the year, while China's latest stimulus measure also underpinned the market. US More… |
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Oil up sharply; posts first monthly gain since JuneCrude oil rose sharply on Friday as Brent and US futures posted their first monthly gains since June, supported by an improving demand outlook and supply outages. On its way to contract expiration, March New York ultra-low sulfur More… |
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Oil ends mixed over US rig count dropCrude prices ended mixed on Friday as the number of US rigs drilling for oil fell far less than expected this week, while heating oil jumped 6 per cent after severe winter cold crimped output at three refineries. After many bets t More… |
