Oil prices rise amid broad market rally, OPEC supply cuts
SINGAPORE (Reuters) – Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC. FILE PHOTO: Drilling rigs are parked up in the Cromarty…
U.S. shares falter, investors await U.S.-China trade deal
NEW YORK (Reuters) – U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to need some convincing the United States and China would reach…
Oil prices dip as U.S. crude output hits record 12 million barrels per day
SINGAPORE (Reuters) – Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East…
Oil near 2019 highs amid OPEC supply cuts, but rising U.S. output weighs
SINGAPORE (Reuters) – Oil prices hovered near 2019 highs on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela, but capped by soaring U.S. production and…
Oil prices rise 1 percent amid OPEC supply cuts, U.S. sanctions on Venezuela
SINGAPORE (Reuters) – Oil prices rose by around 1 percent on Wednesday as producer club OPEC said it had deeply cut supply in January and as U.S. sanctions hit Venezuela’s…
Oil rises on OPEC cuts, U.S. sanctions on Iran and Venezuela
SINGAPORE (Reuters) – Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although surging U.S. production and concerns over economic growth kept markets…
Oil tumbles 4 percent on growing U.S. supply, China trade worries
NEW YORK (Reuters) – Oil fell more than 3 percent on Monday, heading for its biggest one-day percentage drop in a month due after an increase in U.S. crude drilling…
Trade optimism lifts stocks, but 2018 ends in red
NEW YORK (Reuters) – Equities around the world rose on Monday as possible progress in resolving the trade dispute between the United States and China engendered some investor optimism in…
GE drags premier U.S. corporate debt, which posts worst year since 2008
NEW YORK (Reuters) – The stock market’s gyrations have grabbed the year-end headlines, but another key financial market, investment-grade U.S. corporate debt, is turning in its worst yearly performance since…
U.S. oil edges up after tumbling to lowest since June 2017 on economy fears
SEOUL (Reuters) – Oil prices were mixed on Wednesday as the U.S. benchmark rebounded from steep losses in the previous session, even though concern over the health of the global…