Oil Prices ///

China’s oil futures post mysterious gains

The crude futures that China launched in March seem to be dancing to an oil-market tune only they can hear.

Crude advances after Saudi restraint sparks renewed supply fears

Crude rose after Saudi Arabian production cuts heightened concerns about tightening worldwide supplies.

Saudi Arabia reduced oil production in July

Saudi Arabia, which recently pledged oil-supply increases, cut production last month, according to OPEC delegates.

Crude wavers as China plans tariffs to counter Trump

Crude fluctuated as intensifying tariff threats between the U.S. and China raised demand concerns.

Sinopec is said to delay U.S. oil purchases amid tariff concerns

Sinopec is holding-off on buying U.S. crude, as the trade war between Beijing and Washington threatens to make American imports more expensive.

Canadian heavy oil near five-year low prompts drilling cuts

Canadian heavy oil is the weakest in almost five years, leading Canada’s largest producer to focus on drilling for lighter crude.

Growing glut of high-quality crude signals danger for oil market

The physical oil market -- where traders buy and sell bbl on their journey from the well-head into the global refining system -- is looking increasingly fragile.

Saudi Arabia cuts oil pricing as it boosts supply to meet demand

ARAMCO reduced monthly pricing to most markets as the world’s biggest oil exporter boosts supply to meet customer demand.

Crude bounces from one-month low as U.S. supply hub seen draining

Crude recovered from the lowest level in more than a month amid signs the supply drain from the biggest U.S. supply hub will continue.

Russia rolls back most of oil cuts as supply risks worsen

Russia boosted oil production in a coordinated output cut, helping the group offset supply disruptions elsewhere.

Oil falls, U.S. inventories jump as trade war risks persist

Oil fell to the lowest in more than a week amid a surprise jump in U.S. crude inventories and an escalating trade dispute between the U.S. and China.

Oil trades near $70 as supply risks mount from Saudi to the UK

Oil was steady near $70/bbl as supply risks from Saudi Arabia to the UK threaten to strain global markets.

BP makes small oil trading loss as Permian bottlenecks bite

BP reported a small and unusual loss from oil trading after being caught on the wrong side of Permian basin pipeline bottlenecks that prompted gyrations in U.S. crude prices this year.

Oil edges higher as U.S. auto proposal counters bearish rig data

Oil edged higher near $69/bbl on prospects a U.S. overhaul of car efficiency rules will increase fuel consumption, countering concerns over potential gains in American supply.

Crude rises after fourth weekly decline as supply risks persist

Oil rose in New York after a fourth weekly decline as a weaker dollar boosted the appeal of commodities and concerns over global supply disruptions persisted.

Exxon, Chevron punished by shareholders as profits disappoint

Investors battered the shares of America’s two biggest oil explorers after Exxon Mobil Corp. and Chevron Corp. posted disappointing earnings, failing to fully capitalize on rising oil prices.

Oil heads for a fourth weekly drop as trade war fears linger

Oil was poised for a fourth weekly decline as the unexpected halt in Saudi shipments through a Red Sea waterway failed to add a significant risk premium to prices, while concerns lingered over how the U.S.-China trade spat will affect demand.

Crude rises as shrinking U.S. stockpiles signal tightness

Oil rallies after a brief lull as plunging crude and gasoline inventories in the world’s biggest economy heightened supply concerns.

Oil advances as U.S. surplus near 3-year low takes center stage

Crude rose on expectations that U.S. oil inventories already close to a 3-year low continue to shrink.

No dodging the oil bullet as emerging economies risk demand hit

Being an emerging-market economy can be tough when oil prices surge and your currency crumbles.