Oil prices get boost from weaker dollar

Oil rose to its highest in nearly a week amid a weaker dollar and signs of improving demand in China and India. Crude futures gained 2.1% in New York, while

Oil prices regain some losses

Crude oil prices moved higher after the Energy Information Administration reported a crude oil inventory build of 500,000 barrels for the week to October 2. A larger decline in gasoline and distillate

Oil rises more than 1%

Oil prices rose more than 1% on Monday, lifted by comments from doctors for U.S. President Donald Trump suggesting he could be discharged from hospital as soon as Monday, just

Oil prices rise after EIA reports small crude draw

Oil prices stabilized today after the Energy Information Administration reported a crude oil inventory draw of 2 million barrels for the week to September 25. At 492.4 million barrels, inventories are

Oil prices recover

Oil prices recovered on Tuesday in a “nervous” market attentive to the demand for black gold, which could be seriously affected by possible new confinements. Around 9:35 AM GMT (11:35

Oil price could recover to US$75 in 2 years

Oil price could recover to a base-case scenario of US$75 (RM308.25) per barrel in 2022 as global oil production and demand are expected to gradually improve, observed analysts. AmInvestment Bank

Oil prices rise on hurricane outages

Oil prices rose on Tuesday afternoon, ahead of the weekly crude inventory data releases, but traders remain concerned about the pace of the recovery in global oil markets.  After a sobering

Big tech still loves the oil business

When Google earlier this year announced that it would stop making AI products for the oil and gas industry, prompted by a revelatory report by Greenpeace, it was a signal that, like

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