Oil steadies after biggest monthly advance since early 2022

West Texas Intermediate was little changed below $82 a barrel after surging 16 per cent in July


Oil set for best month since early 2022 as market tightens

West Texas Intermediate held above $80 a barrel after a run of five weekly gains that lifted prices to the highest since April


Oil powers toward fifth weekly gain as market starts to tighten

West Texas Intermediate edged below $80 a barrel on Friday

Oil holds loss after Fed raises rates to highest in 22 years

West Texas Intermediate traded near $79 a barrel, after slipping 1.1 per cent on Wednesday

Saudi oil production cuts

Saudi oil cuts could trigger slowdown in economy

The economy will fall by 0.1 per cent this year if the government raises production in September and by 1 per cent if it holds the course for the rest of 2023

Oil holds gain as traders turn focus to decline in inventories

West Texas Intermediate traded just below $72 a barrel


Can a global fee on oil imports help address climate damages?

Countries that import the most oil will have to make the biggest contribution to the fund

Oil prices near four-month high

Oil holds near three-month low as demand concerns reverberate

West Texas Intermediate edged higher to trade above $67 a barrel, after losing around 8 per cent over the previous three sessions

Oil extends second weekly drop on new China recovery concerns

West Texas Intermediate futures slipped 0.7 per cent, after rallying 2.7 per cent on Friday


Oil set for sixth monthly loss on deteriorating demand outlook

West Texas Intermediate steadied near $75 a barrel after closing 0.6 per cent higher on Thursday


Oil steady after two-day gain as supply issues blunt demand woes

West Texas Intermediate traded below $79 a barrel after rallying around 2 per cent over the previous two sessions


Oil extends steep weekly drop with demand outlook in question

West Texas Intermediate fell toward $77 a barrel after dropping the most since the banking crisis in March last week


Oil set for first weekly loss since banking turmoil last month

West Texas Intermediate futures dipped toward $77 a barrel and are more than 6 per cent lower this week


Oil powers to fourth weekly advance as global market tightens up

West Texas Intermediate remainder above $82 a barrel, taking its weekly advance to about 2 per cent and the longest winning run since June


Oil trades near highest close in five months as market tightens

West Texas Intermediate traded above $83 a barrel after advancing by 4.4 per cent over the prior two days

Oil steadies after surge with supplies and stockpiles in focus

West Texas Intermediate traded above $81 a barrel after rallying by 2.2 per cent on Tuesday


Oil holds loss as stronger US dollar, slowdown concerns weigh

West Texas Intermediate traded below $80 a barrel after closing 1.2 per cent lower on Monday


Oil steadies after mixed US stockpile report signals weak demand

West Texas Intermediate traded near $73 a barrel after closing 0.3 per cent lower on Wednesday


Oil declines amid bank concerns, US caution on stockpile refill

West Texas Intermediate declined toward $69 a barrel after on Thursday


Oil spread slumps most since January

High US exports have also contributed to ample levels of supply

Saudi oil Europe

Saudi Arabia raises oil prices for Asia and Europe for April

Prices for US customers were left unchanged


Saudi oil revenue drop rounds off year of $326bn windfall

The kingdom wants to use its energy windfall to accelerate projects that contribute to weaning it off a reliance on oil


Oman oil-drilling IPO draws Saudi wealth fund as anchor investor

Anchor investors will subscribe for 40 per cent of the shares at the maximum price


COP28 chief’s Sultan Al Jaber begins global tour

Nations should aim to raise spending on technologies including carbon capture, nuclear power and hydrogen, according to Al Jaber


Oil extends gain as Saudi Arabia bets on demand rebound in Asia

Saudi Aramco increased most of its prices for crude that will be shipped to its main market of Asia in March

OPEC+ keeps output steady amid uncertainty

OPEC+ keeps output steady amid uncertainty

Oil prices have had a rocky start to 2023, with a rally in mid-January fading away by the end of the month

Saudi Arabia

Saudi Arabia’s economy grows by 8.7% in 2022

The kingdom’s real GDP grew by 5.4 per cent during the fourth quarter of 2022

Oil steadies as traders look to China, OPEC for fresh triggers

West Texas Intermediate was little changed above $80 a barrel after declining by almost 2 per cent on Tuesday

Oil prices

Oil edges higher after two-day slump as demand outlook sours

A surge in Covid-19 cases in China has clouded the near-term demand outlook

Their call comes in a year of record profits for Big Oil as energy prices surged with the world economy reopening from Covid lockdown

Big oil investors call for more aggressive climate targets

The companies boosted shareholder payouts in response even as many investors backed away from stronger climate advocacy