- Oil markets stable, but doubts over recent bull run emerge
November 09, 2017
Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia. However, traders said a price rally that has pushed up Brent crude by over 40 percent since July may have run i...
- Oil prices rise on supply cuts and political tensions in Saudi Arabia
November 09, 2017
Oil prices rose nearly 1 percent on Thursday, supported by supply cuts by major exporters as well as continuing concern about political developments in Saudi Arabia.
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- Diesel Becomes a Dirty Word for Oil Traders
November 09, 2017
The soaring diesel market has taken a turn for the worse. That could be bad news for oil bulls who amassed record bets on a rally in crude.
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- Indian crude basket at highest level since June 2015
November 09, 2017
After nearly two and half years of subdued crude oil prices aiding India’s fiscal situation, prices have touched $62.83 per barrel, the highest level since June 2015.
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- Oil's Current Surge Toward $70 Seen Dragging It Down Later
November 08, 2017
Oil bulls, beware of higher prices. While crude may climb to $70 a barrel next year as OPEC and its allies including Russia continue their output curbs, there are dangers ahead, according to a veteran analyst.
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