NEW YORK: Oil prices edged up Friday on bargain-buying and a weaker dollar after another slump fuelled by a surge in US stockpiles and worries about an upcoming meeting to tackle a global supply glut.
West Texas Intermediate
NEW YORK: Oil prices continued to rise on world markets Friday as hopes of producer action to control output continued to cheer investors.
SINGAPORE: Oil prices suffered fresh losses in Asian trade Monday as the fallout from last week's decision by Britain to leave the European Union batters confidence and ushers in a period of uncertainty.
SINGAPORE: Oil prices fell in early trading on Monday, pulled down by rising economic concerns in Asia and a related strengthening in the U.S. dollar, which makes fuel imports for countries using other currencies more expensive.
NEW YORK: World oil prices dipped Friday, with traders taking profits after crude rose above the psychological $50 level this week on evidence of a fall in supplies.
SINGAPORE CITY: Oil prices edged towards $50 a barrel in Asia Wednesday after a larger-than-expected dip in US stockpiles resulting from wildfires that have disrupted oil production in Canada.
SINGAPORE CITY: Oil extended losses in Asia Tuesday as a stronger US dollar and progress in controlling wildfires in Canada's crude-producing Alberta province dampened prices.
SINGAPORE CITY: Oil prices dipped in Asia Monday after Iran said it has no plans to join any output freeze by other major producers.
SINGAPORE: Oil turned higher in Asia Wednesday, but the US benchmark remained below $44 a barrel as a pick-up in the dollar and rising Iranian crude production limited gains, while traders await the release of inventories later in the day.
SINGAPORE: Oil prices resumed their rise in Asia on Tuesday, staying above $41 a barrel, as OPEC raised hopes of a moderate rebound and announced a meeting of key producers in April.