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Oil prices rise in Asia after steep falls

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.

Oil prices keeps rising on hopes of Saudi action

NEW YORK: Oil prices continued to rise on world markets Friday as hopes of producer action to control output continued to cheer investors.

Oil prices extends slide on worries about impact of Brexit

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.

Oil prices fall back below $50 as economic concerns rise

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.

Oil prices slip from $50 level

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.

Oil nears $50 as US inventories fall

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.

Oil prices continue dip with stronger dollar

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.

Oil prices fall after Iran says it won’t freeze output

SINGAPORE CITY: Oil prices dipped in Asia Monday after Iran said it has no plans to join any output freeze by other major producers.

Oil turns higher but supply concerns, stronger dollar weigh

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.

Oil prices above $41 as OPEC predicts ‘moderate’ rebound

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.

Oil prices extend gains

LONDON: Oil prices extended gains Monday, boosted by strong US jobs growth data and a cut in the country's crude drilling activities sparking hopes of an easing in the supply glut.

Oil prices rise after Saudi Arabia cuts ties with Iran

SINGAPORE: Oil prices rose in Asia Monday after crude kingpin producer Saudi Arabia cut diplomatic ties with Iran following a row over the Saudi execution of a Shia cleric.

Oil prices decline in Asia

SINGAPORE: Oil prices fell in Asia on Monday, giving up some of last week's sharp gains as concerns about a global supply glut weighed on prices ahead of fresh US stocks data.

Oil prices linger near seven-year lows

SINGAPORE: Oil prices hovered near their lowest in almost seven years in Asia Tuesday ahead of the release of US crude inventories and expectations of an increase in American interest rates.

Oil stays below $40 after OPEC decides against output cut

SINGAPORE: Oil stayed below $40 a barrel in Asia Monday after the OPEC cartel decided against slashing high output levels and traders turned their attention on a US central bank meeting next week.

Oil prices up as divided OPEC meets

SINGAPORE: Oil prices rose in Asia Friday as traders hedged their bets ahead of a meeting of the OPEC cartel whose members are divided on whether to slash production in an oversupplied global market.

Oil prices down in Asia ahead of OPEC policy meeting

SINGAPORE: Oil prices fell in Asia Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) prepared to meet in Vienna, amid expectations it will maintain high output levels.

Oil prices rise in Asia with OPEC meeting in focus

SINGAPORE: Oil prices rose in Asia Tuesday but dealers were cautious before an OPEC meeting at which the cartel is expected to maintain high output levels despite a global supply glut.

Oil surges after Turkey shoots down Russian jet

NEW YORK: Global oil prices surged higher Tuesday after Turkey shot down a Russian warplane on the Syrian border, sparking concerns about rising in the oil-rich Middle East.

Oil prices bounce back but gains limited

SINGAPORE: Oil prices rebounded in Asia Monday but stayed below $45 a barrel as gains were limited by a strong dollar and data showing a decline in Chinese crude imports.
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