The recovery in oil prices has also encouraged some US drillers to return to the wells
07 Sep 2020 11:33 AM
Distillate fuel stockpiles, rose by 4.3 million barrels, outpacing expectations for a 3 million barrel increase
10 Jun 2020 9:12 AM
OPEC+ countries are set to meet again in early June to discuss maintaining their supply cuts to shore up prices
26 May 2020 8:42 AM
Investors will also be looking for current account numbers, which is expected on Monday.
18 Mar 2019 4:39 AM
WTI crude futures were at $71.83 a barrel, up 55 cents, or 0.8 per cent, from their last settlement.
21 May 2018 9:43 AM
The rising crude prices could pose significant risks for the state-owned oil marketing companies (OMCs) if it continued.
01 Jan 2018 2:11 AM
Brent crude futures were at $45.31 per barrel up 9 cents or 0.2 per cent from their last close.
23 Jun 2017 10:47 AM