Oil prices

OPEC deal extension may be unnecessary, says Kuwaiti oil minister

Essam al-Marzouk,Kuwait’s Oil Minister said OPEC and its partners may not need to extend the November 2016 crude oil production…

Can oil prices hit $60 in 2018?

By Nick Cunningham     With Brent oil prices hovering right around $55 per barrel—the highest level in months—the oil…

Oil prices stabilise as traders assess U.S. hurricane impact

Oil prices were steady Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts…

Oil prices up as U.S. rigs, refineries brace for hurricane

Oil prices rose Friday as the U.S. petroleum industry braced for Hurricane Harvey, which could become the biggest storm to…

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…

Saudi Arabia shrinks Q2 budget deficit as revenue rises 6%

Saudi Arabia's state budget deficit shrank by a fifth from a year earlier in the second quarter of this year…

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