Opec

Oil prices settle lower as traders assess impact of winter storm on production

US oil producers lost up to 2 million barrels per day over the weekend

Brent crude futures rose US$1.82, or 2.8 per cent, to settle at US$65.88 a barrel, the highest since Jan 14.

Oil rises nearly 3% as US sends armada to Iran, slaps new sanctions

OIL prices settled at their highest in over a week on Friday (Jan 23) after US President Donald Trump ratcheted up pressure against Iran through more sanctions on vessels that transport its oil, and a...

US West Texas Intermediate (WTI) crude fell US$1.26, or 2.1 per cent, to settle at a one-week low of US$59.36 a barrel.

Oil slides 2% as Trump tones down threats toward Greenland and Iran

Oil prices should hold at around US$60 a barrel, according to an analyst

Brent futures settled up 32 cents, or 0.5 per cent, to US$65.24 a barrel on Wednedsay.

Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports

[HOUSTON] Oil prices closed 0.5 per cent higher on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields in Kazakhstan and as low volume of Venezuelan oil exports ...

Brent futures settled 98 cents, or 1.53 per cent, higher at US$64.92 a barrel on Tuesday.

Oil rises on Kazakh supply disruptions, upbeat economic data; Greenland in focus

[NEW YORK] Oil prices rose on Tuesday on the temporary suspension of output at Kazakhstan’s oil fields and expectations of firmer global economic growth that could drive fuel demand. Investors continu...

Brent crude was up one cent, or 0.02 per cent, at US$64.14 a barrel by 1946 GMT on Monday.

Oil steadies as Iran supply fears ease and Greenland moves into spotlight

[CALGARY] Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a US attack that could disrupt supplies from the major producer, while market-watchers turned their...

Brent crude traded at US$64.19 a barrel by 0327 GMT, up 6 cents or 0.09 per cent, on Monday.

Oil firmer as ebbing Iranian protests lower chance of US attack

[NEW DELHI] Oil prices were up slightly on Monday, after the previous session’s rise, as Iran’s deadly crackdown on protests quelled civil unrest, narrowing chances for a US attack on the major Middle...

US West Texas Intermediate finished at US$59.44 a barrel up 25 cents, or 0.42 per cent, on Friday.

Oil prices settle up as US begins holiday weekend

[HOUSTON] Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in the US and lingering worries about a possible US mi...

US West Texas Intermediate crude fell US$2.83, or 4.56 per cent, to US$59.19 on Thursday.

Oil settles down 4% as Trump comments ease Iranian supply concerns

[HOUSTON] Oil prices settled down around 4 per cent on Thursday ending a five-day streak of gains after US President Donald Trump said the crackdown on protesters in Iran was easing, allaying concerns...