Organization Of Petroleum Exporting Countries

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  HPCL, BPCL, Indian Oil Shares Trade Lower After Brent Decline-Fueled Rally

  International oil prices declined on concerns over the demand outlook and oversupply in the market, especially in China.

• How the U.S. Strategic Petroleum Reserve Works: QuickTake

  The price of crude oil have been rising due the collapse of Venezuela’s oil industry and disruptions in Libya.

• Oil Gives Up Gains as U.S. Supplies Counter Venezuelan Turmoil

  Crude futures added 1.5 percent in New York.

• Oil Tumbles Most in Two Months as Trump Promises Lower Prices

  Futures in New York lost as much as 2.5 percent, while Brent also fell.

• Brent Retreats After Hitting $75 for First Time Since October

  Futures in London rose as much as 0.6 percent, gaining for a fifth consecutive session.

• Oil Closes Near 4-Month High After Second Straight Weekly Gain

  Futures in New York retreated after reaching a four-month high on Thursday, but were 3.4 percent higher this week.

• Goldman Sachs Sees Oil Taking a Fleeting Trip to $70-$75 a Barrel

  While prices could easily trade in a $70-$75 a barrel trading range, such an environment would likely prove fleeting: Goldman

• The Oil Shock That Never Was: How Shortage Warnings Missed the Mark

  Investment in oil and gas production collapsed by about $350 billion, or more than 40 percent, from 2014 to 2016.

• Oil Edges Up as Traders Weigh Economic Risks Against OPEC Cuts

  WTI crude drops 0.7 percent, paring some of Wednesday’s gains.  

• OPEC in a ‘Whatever It Takes’ Moment to Prop Up Oil Prices

  Last week, oil capped its biggest weekly decline since 2016 on concerns that weakening economic growth and surging U.S. supply.

• Oil Rises After Report Shows Large Crude-Stockpile Drop

  Crude has slumped about 30 percent from a four-year high in early October.

• OPEC Talks Deadlocked as Iran Resists Pressure to Cut

  Moscow insists its cut should be gradual and reconsidered after the first quarter since the market may shift.

• Oil Limps to Worst Week in Almost Three Years as Glut Fears Grow

  Oil notched its biggest weekly loss since the depths of the last price crash.

• Iran Oil Waivers: How Buyers Are Lining Up After U.S. Exemptions

  The exemptions mean at least some supplies from OPEC’s third-biggest producer will keep flowing into international markets.

• Oil Climbs as Equities Recover, OPEC Signals Output Cuts

  Oil steadied near the lowest level in two months as a rout in global equity markets abated.