Oil News

Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected US inventory buildup this week.   Baker Hughes data also showed the US oil rig count fell by 7 ...

Global oil prices rose in European trade on Thursday for the first time in five sessions away from seven-week lows amid short-covering.   Current gains remain limited amid concerns about US ...

Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with US crude plumbing a week low, while Brent shed five-week lows as the dollar gained ...

Oil prices rose in European trade on Friday, extending gains for the second straight session, with US crude scaling a one-week high, on track for weekly gains following a surprise US inventory ...

Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude stocks last week.   US crude stocks fell 6.4 million barrels last week to 453.6 million ...

The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks last week to 453.6 million barrels, while analysts expected a drop of 2.1 million ...

Global oil prices rose in European trade on Wednesday away from recent three-week lows after initial data showed a surprise US inventory drawdown.   Now traders await official US inventory ...

Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching three-week lows as concerns about Middle East supply disruptions fade as Iran-Israel tensions calm ...

Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, which showed a larger buildup than expected.    The Energy Information Administration ...

Oil prices fell in American trade on Wednesday, extending losses for the second straight day and plumbing two-week lows, with US crude trading below $85 a barrel, while Brent traded below $90 as ...