Oil steadies
Oil steady but on track for weekly drop on firmer supply outlook
Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China.
U.S. crude oil heads for weekly loss as Saudi supplies look set to return
Prices have fallen even as conflict in the Middle East escalates, with Israel and Hezbollah trading blows in Lebanon.
Oil steadies, but heads for losing week on prospect of increased supply
Oil futures ticked higher Friday, but remained on track for weekly losses on expectations OPEC+ will boost production before year-end as investors cast doubt on whether an aggressive round of monetary stimulus from China will shore up demand from the world’s largest crude importer.
Oil steadies, but heads for weekly drop on firmer supply outlook
Oil prices recouped losses on Friday to edge higher, but stayed on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China.
Oil on course for sharp weekly decline on concerns of supply boost
Oil prices recovered some losses on Friday but were headed for a sharp weekly decline as the market braced for the prospect of an increase in crude supply from Saudi Arabia and Libya. Brent, the benchmark for two thirds of the world's oil,
Why oil prices have plunged 3% today
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
UAE stocks end lower on weak oil, regional tensions
Stock markets in the United Arab Emirates fell on Friday despite China's big stimulus steps as weak oil prices and ongoing ...
Crude oil prices today: WTI prices are down 2.39% today
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Oil Prices Retreat Toward Three-Year Lows...Again
Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will ...
Oil Prices Fall as Expectations of Higher Supplies Hammer Market Sentiment
Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...
The Texas Tribune3h
Fourteen years after BP oil spill, Galveston scientists are striving to save the Gulf’s deep-sea coral
The massive 2010 oil spill damaged or killed coral in the Gulf of Mexico. Now some of the $20 billion settlement is helping ...
Nigeria Says Exxon Weighs $10 Billion Offshore-Oil Investment
Exxon Mobil Corp. is considering investing as much as $10 billion in Nigeria’s offshore oil industry over the coming years, ...
Wider Middle East war could spike oil prices and rekindle US inflation, experts say
Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the ...