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oil Page-6
Oil prices edge up tighter supply outlook
OPEC to cut crude supplies from this month in an effort to end global oversupply that has dogged markets for over two years.
04 Jan 2017 10:15 AM
Oil prices rise as markets eye on production cuts
Non-OPEC member Russia's oil production in December remained unchanged at 11.21 million bpd.
03 Jan 2017 8:17 AM
Oil prices fall on profit taking, strong dollar
A strong dollar makes greenback-denominated commodities including oil more expensive for holders of other currencies.
23 Dec 2016 7:41 AM
Oil prices up on weaker dollar, optimism on output cuts
Brent LCOc1 futures for February delivery climbed 17 cents to $54.63 a barrel, having previously finished 89 cents lower.
22 Dec 2016 7:59 AM
Saudis order oil cuts to US, Europe before non-OPEC talks
Iraq and Kuwait have committed to cuts to their oil outputs of 210,000 bpd and 131,000 bpd respectively under the OPEC deal.
10 Dec 2016 12:29 PM
Oil extends gains on hopes for non-OPEC output cuts
OPEC has agreed to slash production by 1.2 million bpd in the first half of 2017.
09 Dec 2016 7:35 AM
Oil prices rise on US crude stock decline
International Brent crude futures were trading up 4 cents at $53.04 a barrel.
08 Dec 2016 11:34 AM
Oil falls on output cut skepticism, OPEC output rise
Crude had surged more than 15 per cent in the four sessions since the November 30 OPEC meeting.
07 Dec 2016 7:43 AM
Oil retreats on doubts OPEC cuts can ease glut
Brent crude settled at $54.94 a barrel, up 48 cents - or 0.88 per cent - before retreating to $54.22 a barrel.
06 Dec 2016 7:49 AM
Oil prices climb on expectation of OPEC output cut
International Brent crude oil futures were at $49.22 a barrel, up 10 cents.
23 Nov 2016 7:39 AM
Oil prices climb on expectation of OPEC output cut
Brent crude futures LCOc1 settled at $48.90 a barrel, up $2.04, or 4.4 per cent.
22 Nov 2016 7:35 AM
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