Oil prices climbed on Monday, supported by Saudi optimism on Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shore up the U.S.

Oil finally broke out of the narrow range it has been trading in for over a month now, with ICE Brent trading as high as US$46.23/bbl at one stage yesterday, although

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has announced a positive update on operations and progress at West Newton in respect of

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has announced a positive update on progress on the Wressle oilfield development and the approval

Oil was propped up by the combination of a weaker dollar and stronger U.S. equities with speculation growing around the Federal Reserve reinforcing its dovish message. U.S. crude futures climbed

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has announced that the Oil and Gas Authority has approved the acquisition by the Company

Oil prices jumped to a four-month high on Tuesday, rallying on hopes of economic stimulus. However, the uncontrolled spread of the coronavirus in the U.S. puts something of a ceiling on prices

Oil prices recovered Monday, tracking a rally in U.S. equities, as a coronavirus vaccine the University of Oxford is developing with AstraZeneca Plc showed promising results in early human testing.

Oil prices rose on Wednesday following a sharp drop in U.S. crude inventories, with the market waiting for next steps from a meeting later in the day on the future