Oil prices inch higher on output cut support, but U.S. coronavirus spike caps gains
By Sonali PaulMELBOURNE (Reuters) - Oil prices cautiously rose in early trade on Tuesday with major producers sticking to supply cuts,…
Oil falls in second straight session as virus cools demand
By Florence TanSINGAPORE (Reuters) - Oil prices fell for a second straight session on Monday as coronavirus cases rose in the United…
Oil prices fall on demand concerns as coronavirus cases rise
By Sonali PaulMELBOURNE (Reuters) - Oil prices fell around 2% on Thursday as a spike in new coronavirus cases in China and the United…
Oil drops after U.S. inventory build renews oversupply concerns
TOKYO (Reuters) - Oil prices fell on Wednesday as an industry report showed a rise in crude and fuel inventories in the United States,…
Oil climbs over 2% after OPEC+ extends output cuts to end-July
By Florence TanSINGAPORE (Reuters) - Oil prices rose more than 2% early on Monday to their highest in three months after OPEC and its…
Oil prices fall on concerns supply to rise as producers wrangle on cuts
By Sonali PaulMELBOURNE (Reuters) - Oil prices fell on Thursday, reversing gains in the previous session, on concerns that supply will…
Exclusive: China approves $20 billion mega petchem complex in Shandong oil hub – sources
By Chen AizhuSINGAPORE (Reuters) - China is reviving a $20 billion petrochemical project in eastern Shandong province as part of efforts…
China asks state firms to halt purchases of U.S. soybeans, pork, say sources
BEIJING (Reuters) - China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar…
OPEC+ must plan exit strategy: Kemp
By John KempLONDON (Reuters) - Saudi Arabia and its allies in the expanded OPEC+ group of oil-exporting nations have only just started…
Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease
By Sonali PaulMELBOURNE (Reuters) - Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude…