Photograph: iStock

Oil held above $63 a barrel on cautious optimism that the market will re-balance as Opec production falls, while investors keep a wary eye on US suppl(...)

Photograph: iStock

Oil prices rose by around 1 per cent on Thursday to extend gains from the previous session, lifted by a weak dollar and Saudi comments that it would r(...)

Four pumpjacks  at the site of an oil well in North Dakota, US. Photograph: Daniel Acker/Bloomberg

Oil held losses below $62 a barrel after US crude production surged to a record, raising concern global supplies will swamp demand. Futures were litt(...)

Photograph: iStock

Oil is losing its grip on the highest price in more than three years before a raft of inventory and production data from the US government to the Orga(...)

Photograph: Eiji Ohashi/Bloomberg

Oil’s revival from the biggest crash in a generation persisted, with prices set for a second annual gain after weathering everything from hurricanes a(...)

Oil headed for its first weekly gain since July. Photograph: Reuters

Oil headed for the first weekly gain since July as Gulf Coast refiners ramp up crude processing after disruptions from Hurricane Harvey. Futures were(...)

A gas station submerged under flood waters from Tropical Storm Harvey in Rose City, Texas. Photograph: Reuters

Crude futures fell on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry following Hurricane Har(...)

Oil in New York has fluctuated this month in the narrowest range since August 2003. Photograph: iStock

Oil halted its slide near $48 (€41) a barrel as industry data showed US crude stockpiles declined again, further trimming an inventory surplus. Futur(...)

US oil output last week increased by the most since January. Photograph: iStock

Oil slipped toward $45 a barrel as investors weighed expanding US production against declining crude and gasoline stockpiles. Futures dropped as much(...)

A Panamanian-flagged  oil tanker  anchored 14km south of Singapore. Traders are again hiring oil tankers to store unsold crude while they wait for higher prices. Photograph: Reuters

Oil prices were not far off six-month lows, held down by a supply overhang that persists despite an Opec-led effort to cut production and prop up crud(...)

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