Page 64 - Oil Prices

Oil edges up, gains limited amid scepticism over freeze deal

London Brent crude for November delivery was up 33 cents at $47.59 and NYMEX crude for October delivery was up 31 cents at $45.14

Did Russia and Saudi give the oil market a lip service?

There is very little in the joint statement that suggests a production cut to stabilise the markets

Oil heads for biggest weekly loss in eight months despite gains

Russian President Vladimir Putin told Bloomberg an agreement between oil exporters to freeze output would be the right decision

Oil prices rebound on weaker dollar despite bigger-than-expected US stock build

US crude futures had climbed 12 cents to $44.82 a barrel after falling $1.65, or 3.6 per cent

Oil prices rise on US weather disruption, OPEC action speculation

Oil and gas operators in the US Gulf of Mexico have shut production equal to 168,334 barrels-per-day (bpd) of oil

Oil prices rise as dollar comes off 2-week high

Brent crude futures were trading at $49.28 per barrel, up 2 cents from their previous close

Oil prices fall on rising Opec output

Oil prices fell nearly 2 per cent on Monday, snapping two consecutive days of gains, on caution over galloping West Asia crude output and a stronger dollar boosted by speculation of a US rate hike by the year-end.Iraq, which has exported more crude from its southern ports in August, will continue ramping up output, its oil minister said on Saturday. Top exporter Saudi Arabia has kept output at around record levels this month. The dollar hit a three-week high against the yen after Federal Reserve Chair Janet Yellen bolstered expectations in a speech on Friday that the central bank would raise interest rates soon. A stronger dollar makes commodities denominated in the greenback less affordable for holders of other currencies.Focus on surging West Asia production and the strengthening dollar also offset data from energy monitoring service Genscape showing a drawdown of 287,444 barrels at the Cushing, Oklahoma delivery point for US crude futures during the week ended August 26, traders who

Oil prices fall over 1% on rising Iraq output, strong dollar

US WTI crude futures were down 66 cents, or 1.39 per cent, at $46.98 a barrel

Oil prices fall on rising Iraq output, doubt over producer talks

Brent crude oil futures were trading at $49.40 per barrel at 0145 GMT, down 52 cents, or 1.0%, from their previous close

Oil prices dip after Saudi Arabia dampens hopes on output talks

OPEC kingpin Saudi Arabia's energy minister Khalid Al-Falih revived worries about the success of the coming gathering in Algeria

Oil prices dip as Saudi Arabia dampens prospects of output freeze

Members of OPEC will meet on the sidelines of the IEF, with groups producers and consumers, in Algeria from Sept. 26-28

Oil prices dip as focus returns to global supply overhang

WTI crude futures were at $46.73 a barrel, down 4 cents, after dropping 2.8 per cent on Wednesday

Oil prices fall as hopes of production freeze fade

In the US, commercial crude oil stocks rose by 2.5 million barrels to 523.6 million barrels, 16 per cent higher than a year ago

Oil prices dip as focus returns to global supply overhang

Brent crude oil futures were trading down 7 cents at $48.98 per barrel at 0413 GMT, having closed down 1.8 per cent

Oil prices fall on US crude stocks build; fears over China demand

Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry

Oil bounces on speculation of Iran's support for Opec

Iran has been boosting output since the lifting of Western sanctions in January and refused in April to join an Opec production freeze plan

Oil prices fall on doubts that producers can agree output restraint

Brent crude futures were trading at $48.86 per barrel

Oil hits August high on potential producer action to prop up market

Brent crude oil futures rose to a high for the month of $47.40 a barrel

Oil prices surge on Saudi minister's talk of 'possible action'

North Sea Brent for October delivery rose $1.99 to $46.04 a barrel on the Intercontinental Exchange

Oil prices fall on US crude inventory build, record Saudi output

Data from the US Energy Information Administration showed crude inventories rose 1.1 million barrels in the week ended August 5