NEW DELHI, May 2 Reuters Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world39;s biggest crude consumer, to start replenishing its strategic reserve, putting a floor under prices. Still, prices fell more than 3 on Wednesday to a sevenweek after the U.S. […]

May 1 Reuters Oil prices fell for a third day on Wednesday amid increasing hopes of a ceasefire agreement in the Middle East and on rising crude inventories and production in the U.S., the world39;s biggest oil consumer. Both oil price benchmarks were down more than 1 at 0650 GMT. Brent crude futures for July […]

LONDON, April 30 Reuters A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining a shadow fleet, delivering one of the harshest rebukes to the measure that had been meant to cut revenue to the Kremlin. The G7 group of industrialised nations approved […]

LONDON, April 30 Reuters Oil steadied on Tuesday after the previous day39;s drop as IsraelHamas talks offered hopes of a ceasefire even as Red Sea attacks continued, while investors awaited signals on U.S. interest rates ahead of a key meeting on Wednesday. Brent crude futures rose 27 cents, or 0.3, to 88.67 a barrel at […]

April 29 Reuters Oil prices fell by more than 1 a barrel on Monday as IsraelHamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect of imminent interest rate cuts. Brent crude futures for June , which expire on Tuesday, were down by 1.25, or […]

April 26 Reuters Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and as supply concerns lingered due to conflicts in the Middle East. Brent crude futures gained 47 cents, or 0.5, to 89.48 a barrel […]

SINGAPORE, April 25 Reuters Oil prices steadied on Thursday after settling lower in the previous day, as signs of retreating fuel demand in the U.S., the world39;s biggest oil user, contended with widening conflict risks in the key Middle East producing region. Brent crude futures inched up 18 cents, or 0.2, to 88.20 a barrel […]

April 24 Reuters Oil prices extended gains on Wednesday after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand, though markets were also keeping a close eye on hostilities in the Middle East. Brent crude futures rose 26 cents, or 0.29, to 88.68 a barrel and U.S. […]

April 23 Reuters Oil prices gained on Tuesday after stronger economic data out of Europe, as investors also weighed the potential fallout from any fresh U.S. sanctions on Iran39;s oil exports with tensions remaining high in the Middle East. Global benchmark Brent crude oil futures traded 80 cents or 0.9 higher at 87.80 a barrel […]

SINGAPORE, April 22 Reuters Oil prices fell by more than 1 on Monday, as the market focus switched to fundamentals after Israel and Iran played down the risk of an escalation of hostilities following Israel39;s apparently small strike on Iran. Brent futures fell 1.21, or 1.4, to 86.08 a barrel by 0655 GMT. The frontmonth U.S. West […]