West Texas Intermediate rose 0.8% to settle above $63 a barrel after China’s official news agency reported that Presidents Donald Trump and Xi Jinping spoke over the phone. The conversation is ...

Oil prices edged higher on Thursday, recovering from the previous day's drop, on news that the U.S. and China agreed to more ...

Oil prices rose 1% on Thursday, rebounding from the previous day's drop as traders responded to news that U.S. and Chinese ...

The crude oil market continues to see a lot of noisy trading, as we are in the middle of a range currently. Looking at the volume, it also seems as if we are trying to accumulate oil, despite the OPEC ...

By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...

Since our last report oil prices remained relatively stable. In today’s report we are to have a look at some key issues that tend to tantalise oil traders, primarily related to the demand and supply ...

Concerns over slowing U.S. demand were exacerbated by softer-than-expected private payrolls data, which showed the labor market was cooling. The print came just days before key nonfarm payrolls data ...

Oil prices steadied on Thursday after falling more than 1% the previous day because of a build in U.S. gasoline and diesel ...

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Russia’s data show the nation kept its crude oil production below its OPEC+ target in May, according to people familiar with ...

The price cut by Saudi Arabia, key oil producer within OPEC - the oil producing group that includes members of the Organization of the Petroleum Exporting Countries and allies such as Russia - follows ...

Brent crude futures were up 0.3 per cent, to US$65.07 a barrel, while U.S. West Texas Intermediate crude gained 0.3 per cent, ...