Oil was headed for its worst week in almost a year as the global risk-asset rout troubled investors already concerned over growing U.S. supply.
Oil extended declines as persistent volatility in global markets prompted caution among traders, even as U.S. inventories reportedly fell.
Major oil field services player Weatherford International is still reeling on Wall Street after posting a big financial loss amid its new leadership's efforts to scale back and right the ship.
Oil is set for the longest losing streak in two months as a global rout sparked by a plunge in U.S. equities bled into Asian hours, dragging down everything from commodity markets to energy stocks.
Exxon Mobil Corp. and Chevron Corp. are the dogs of the Dow, at least for today.
Oil’s rally is unraveling on fears over a rise in U.S. production and as a deepening slump in equities undermined market support.
Goldman Sachs Group Inc. hiked its short-term crude oil price forecast by as much as 33 percent, saying the market is now likely balanced.
Oil’s slowing down as danger signs flash ahead.
U.S. oil strengthened against the global Brent benchmark, reducing the gap to the narrowest in five months amid declining stockpiles.
The enthusiasm in the oil markets is breaking records.
The global elites have rediscovered their animal spirits.
Oil headed for a weekly increase as U.S. crude stockpiles dropped further and the nation’s currency weakened.
Brent crude rose above $71 per barrel earlier today for the first time since 2014 thanks to a drop in US oil stocks.
Airbus today hailed its "solid commercial performance in 2017", after recording 54 Super Puma bookings.
Prospects for a winding back of central bank stimulus this year, along with a potential pick-up in global inflation, have boosted the risk of greater fluctuations in asset markets that have largely moved in tandem in recent years.
Crude edged lower amid predictions of a steep hike in U.S. crude output this year.
Oil held near a three-year high ahead of U.S. inventory data that’s expected to show a ninth week of crude-stockpile declines.
Saudi Arabian Oil Co. is ready for its initial public offering in the second half, with the government yet to decide where to list the shares, Chief Executive Officer Amin Nasser said.
Oil continued to slide from a three-year high on speculation that a record long position built up by money managers leaves prices vulnerable to a pullback.
North Sea oil explorer Hurricane Energy said today that it was raising its corporate governance standards as it weighs up a premium listing for its ordinary shares.
Oil edged lower as a record crude-buying spree by hedge funds spurs concern that surging prices since the year began may spark a correction.
Oil slipped from a three-year high amid speculation that a surge in hedge-fund buying had pushed prices up too quickly.
A Brent crude price pushing $70 will provide a “feel-good” factor for North Sea oil, but it may still be “too early to celebrate”, industry experts have said.
Oil steadied in London after briefly climbing above $70 a barrel for the first time in three years as a global surplus recedes.
Oil-field service (OFS) companies are increasingly looking for work in offshore wind as activity in core markets remains suppressed, an analyst has said.