oil price
Oil drops as market awaits ratification of OPEC+ supply cut
The group has been withholding 1.2 million bpd and the increased amount represents about 1.7 per cent of global oil output.
Oil rises amid optimism over OPEC supply cuts, hopes on US-China trade
OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.
Oil gains on US crude stocks fall, OPEC comments on slower US shale growth
Brent futures LCOc1 rose 39 cents, or 0.6 per cent, to USD 62.76 per barrel.
Oil slips as US-China trade deal hopes dwindle
A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.
Oil unchanged after overnight losses amid caution over trade talks
US crude exports fell nearly 1 million barrels last week to 2.4 million barrels per day.
Oil slips on huge US crude build; hopes for US-China trade talks check losses
US crude inventories rose by 4.3 million barrels in the week ended Nov 1 to 440.5 million barrels.
Oil edges down; eyes on data amid trade deal hopes
Traders may be taking profits on oil ahead of uncertainty around macro-economic data and US oil inventory reports.
Oil prices edge higher as OPEC hints at deeper output cuts
US West Texas Intermediate (WTI) crude CLc1 had gained 16 cents or 0.3 per cent to USD 52.97 a barrel.
Oil prices extend losses as weak China data compounds US-China trade deal doubts
Brent crude futures LCOc1 fell 30 cents, or 0.5 per cent, to USD 59.067 barrel.
Saudi oil prices for Asia expected to jump in November after attack
Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.