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(...)

Photograph: iStock

Oil prices were stable on Wednesday, supported by healthy economic growth and expectations that a weaker dollar could spur fuel demand. Crude prices,(...)

Photograph: iStock

Brent crude oil prices held near $70 a barrel on Tuesday, a level not seen since 2014’s dramatic market slump. Prices have been driven up by producti(...)

Photograph: iStock

Oil prices on Wednesday dipped away from the mid-2015 highs reached the previous session as high output in the United States and also Russia undermine(...)

A meeting of Opec’s oil ministers took place on Thursday. Photograph: Heinz-Peter Bader/Reuters

The world’s biggest oil producers have agreed to extend a deal to curb oil production throughout 2018 to shrink swollen stockpiles and keep prices abo(...)

Saudi Arabia’s Energy Minister Khalid al-Falih said on Wednesday the focus remained on reducing oil stocks in industrialised countries. Photograph: Faisal Al Nasser/Reuters

Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier after top exporter Saudi Arabia said it was determined t(...)

Overall US commercial crude oil stocks have fallen by 10 per cent from their late-March peaks. (Photograph: Finbarr O’Rourke)

US oil opened above $50 (€42) per barrel for the first time since late May on Tuesday, supported by strong fuel demand, but ongoing high supplies from(...)

Saudi Arabian Energy Minister Khalid al-Falih, Russian Energy Minister Alexander Novak, Kuwaiti Oil Minister Essam al-Marzouq and OPEC Secretary General Mohammad Barkindo attend a meeting of the 4th OPEC-Non-OPEC Ministerial Monitoring Committee in St. Petersburg. (Reuters)

Oil rallied on Monday, erasing early losses after leading OPEC producer Saudi Arabia pledged to cut its exports to help speed up the rebalancing of gl(...)

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(...)

A TV camera is seen inside the headquarters of the Organization of the Petroleum Exporting Countries (Opec) in Vienna, Austria. Photograph: Reuters

Opec will extend its production cuts into 2018, as the oil cartel and its allies attempt to end a three year supply glut that has hammered crude price(...)

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