crude oil

Brent hits $71, highest since March, on demand prospects

Oil prices rose on Tuesday, with Brent hitting $71 and trading at its highest since March, as expectations grew for…

4 years ago

Solid Asia sets global stocks on extended rally, U.S. stimulus in focus

A rally in Asia put global equities on track for a seventh day of gains on Friday as investors bet…

5 years ago

Explainer: How will China’s latest oil probe affect the world’s biggest crude importer?

This year China’s government has been gradually ramping up scrutiny of its sprawling oil industry, reinforcing its authority with new…

5 years ago

Oil steady as demand optimism offsets worries of Iranian supply

Oil was steady on Wednesday, trading in a narrow range, supported by optimism about improving U.S. fuel demand and a…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago

Oil prices up over $1 amid potential Iran talks hitch

Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add…

5 years ago

Oil drillers and Bitcoin miners bond over natural gas

On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads…

5 years ago

Saudi to supply full crude volumes to at least 4 Asia buyers in June -sources

Saudi Arabia, the world's top crude oil exporter, will supply full volumes of crude as requested by at least four…

5 years ago

Oil maintains upward momentum but virus concerns cap gains

SINGAPORE (Reuters) -Crude oil climbed on Wednesday after industry data showed U.S. inventories declined more than expected and OPEC raised…

5 years ago