Oil prices rise in Asia after steep falls
- 02-Sep-2016
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
- 13-Aug-2016
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
- 27-Jun-2016
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
- 13-Jun-2016
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
- 28-May-2016
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
- 25-May-2016
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
- 24-May-2016
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
- 23-May-2016
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
- 04-May-2016
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
- 22-Mar-2016
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.