Feb 25, 2015 at 10:04 | Source: CNBC
The Oil cartel is not due to meet until June this year but a report by the Financial Times - with comments by Diezani Alison-Madueke, the Nigerian oil minister - suggested that an emergency meeting was due in the near term.
Feb 24, 2015 at 10:34 | Source: PTI
A closely watched report on US weekly crude stockpiles is next due tomorrow, with a Media News survey saying inventories are expected to rise by 3.75 million barrels. US oil stockpiles are already at their highest level on record at this time of year.
Feb 19, 2015 at 00:52 | Source: Reuters
The S&P 500 was down 1.5 percent, with US crude oil falling 2.6 percent to settle at USD 52.14 a barrel.
Feb 18, 2015 at 07:26 | Source: Moneycontrol.com
Globally, US stocks ended higher after encouraging reports from Greece sent the S&P 500 to a record. Greece intends to ask for an extension of its loan agreement with the euro zone today.
Feb 17, 2015 at 14:17 | Source: Reuters
Benchmark Brent crude futures were trading up 50 cents at USD 61.90 a barrel by 0420 GMT, while US WTI crude had risen 26 cents to USD 53.04 a barrel.
Feb 14, 2015 at 14:24 | Source: CNBC
While oil experts still expect a period of major volatility ahead, a growing number are more upbeat that prices could edge towards the USD 100-per-barrel level by year-end.
Feb 14, 2015 at 11:31 | Source: Reuters
Strong fourth-quarter US company earnings and signs of an overall improving economy, alongside what appears to be the start of a bottoming in crude oil prices, have given equities support.
Feb 12, 2015 at 13:27 | Source: Reuters
March Brent futures were up 40 cents to USD 55.06 a barrel at 0429 GMT, following a 3-percent loss in the previous session that saw prices break below USD 54 at one point.
Feb 11, 2015 at 12:47 | Source: Reuters
The gains in futures, however, were capped by a warning from the International Energy Agency (IEA) that ample global production would still swell world inventories before investment cuts begin to significantly dent output.
Feb 09, 2015 at 08:47 | Source: Reuters
Global benchmark Brent crude oil for March was up 30 cents at USD 58.10 a barrel after rising as high as USD 59.06 earlier in the session. US crude was up 60 cents at USD 52.29 a barrel, having hit a session high of USD 53.40.