TRENDING

OPEC

More news
Pump jacks operate at sunset in an oil field in Midland

Oil rises on supply concerns, China demand outlook brightens

Oil prices rose for a second day on Tuesday on supply concerns after an earthquake shuttered a major export terminal in Turkey and a field in the North Sea shut unexpectedly, while demand in China, the world's biggest importer, looks set to increase.
A view shows oil terminal Kozmino near Nakhodka

Oil prices rebound after opening the year with steep losses

Oil prices rebounded on Thursday after opening the year down more than 9%, the worst yearly start in over three decades, as investors took advantage of the decline to buy futures on expectations long-term fuel demand will remain steady.
OPEC logo is pictured at its headquarters in Vienna

Oil mixed as OPEC supply cut prospect offsets demand fears

Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman Jerome Powell saying the United States will face slow growth "for some time".
A sticker reads crude oil on the side of a storage tank in the Permian Basin

Oil prices ease as Russia output increases

Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on futures.