Brent crude

Oil prices fall on Chinese demand concerns, rising U.S. activity

Oil prices fell Monday as a slowdown in Chinese refining raised concerns about demand in the world's second-biggest consumer, while…

Commodities update August 08, 2017

OPEC hopeful of near term rebalance, stability in oil market, prices

The organisation of Petroleum Exporting Countries (OPEC) is optimistic of near stability in the oil market. Mohammad Sanusi Barkindo, secretary-general…

Crude oil prices edge down after sharp gain in end-July as market awaits OPEC technical committee meeting

Crude oil prices edged down Tuesday, following a week of straight gains that brought the global oil benchmark above $50…

Oil prices hover near eight-week highs on lower U.S. inventories

Oil prices held just below eight-week highs on Thursday, supported by a steeper-than-expected decline in U.S. crude inventories that boosted…

Oil extends gains as Saudi, Nigeria pledge export curbs

Oil prices extended gains on Tuesday after Saudi Arabia and Nigeria pledged to curb exports from next month, as OPEC…