7:10PM Wednesday 16 May
Oil prices settle with a gain Wednesday, with the U.S. benchmark making a last minute turn higher, buoyed by a second consecutive weekly decline in U.S. Read More »
248 Days Ago Crude-oil futures edge lower in late-morning trade Friday as investors wrestle with persistent growth in U.S. crude production against the backdrop of expected disruptions to the flow of oil in the Middle East, which has helped prices break higher in recent weeks.
255 Days Ago Oil prices pull back Friday from 3½ year highs, but mark a second weekly climb in a row, driven by uncertainty over the size of potential losses in global crude supply following the U.S.
249 Days Ago U.S. shale oil producers don’t benefit quite as much as you might expect from high crude prices. Blame pipeline bottlenecks, rising costs and price hedging.
249 Days Ago Higher oil prices outweighed by Nafta risk put the Bank of Canada in an awkward situation for its next rate hike decision.
249 Days Ago Crude-oil prices on Thursday end little changed, if not slightly higher, after a brief jaunt past $80 a barrel for the international benchmark first the time since 2014.
252 Days Ago Global benchmark Brent crude on Monday jumps back to its highest level in 3½ years, as violence in the Middle East feeds concerns over the flow of oil in the region.
251 Days Ago Global benchmark Brent crude-oil and U.S. benchmark West Texas Intermediate took different paths on Tuesday, widening the price spread to more than $7 a barrel for the first time since mid-2015.