West Texas Intermediate

Oil price rises as U.S. sanctions on Iran cloud supply outlook

Oil price rose on Friday as United States sanctions on Iran are expected to cut significant volumes of crude from…

By businessamlive
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Crude oil prices decline as increasing shale production forces profit-taking

Crude prices sank lower on Monday as increasing shale production and an apparent lull in Middle East tensions convinced traders…

Oil prices extend gains amid increased Russian production

Oil prices inched forward on Tuesday, as a slow down of U.S. production outweighed concern over increased Russian output. West…

Crude oil prices regain ground as concerns over U.S. production levels continue to weigh

Crude oil prices regained some ground on Friday, as news of a U.S.-North Korea lifted market sentiment, although concerns over…

Crude oil prices rise on renewed optimism

Prices of crude oil rose Friday, an effect of a weak U.S. dollar and by hopes for further efforts to limit…

Crude oil prices continue to rise on Saudi commitment to curtail output

Crude oil prices continued to rise on Thursday, still supported by news in the previous session of a lower than…

Oil trades near $59 as IEA says 2018 will be year of higher demand

West Texas Intermediate crude oil steadied near $59 a barrel as the International Energy Agency warned that rising U.S. supply may…

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