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Crude rises for sixth straight session

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(Reuters) Crude oil rose for a sixth straight session on Thursday to its highest since June 19 on a decline in US output, but...

Oil price tumbles to 6-month low

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Brent crude slipped below $45 on Wednesday, reaching its lowest price since last November as a supply glut continues to plague oil markets, according...

Oil drops 5.1% in 5-week low

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Oil prices slid nearly 5 percent on Wednesday after the U.S. government reported an unexpected increase in crude inventories, fanning fears that output cuts...

Russia “ready to live forever” with $40 oil price or lower...

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A race to the bottom in oil prices may not have many winners, but Russia is certain it can survive. It’s less sure about...

Oil drops below $50 on US climate exit

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Brent oil fell below $50 today, as concerns about the impact U.S. President Donald Trump's decision to exit the Paris climate agreement could have...

Oil prices projected to hit $60-$80 per barrel by 2020

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There is clear consensus that oil prices will be in the $50-60 per barrel range this year, and within the $60-80 per barrel range...

Oil spikes as US inventories tumble

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West Texas Intermediate crude oil traded up 1.6% at $46.94 a barrel after weekly US Energy Information Administration inventory data showed a bigger drawdown than expected. US inventories...

Oil hovers near $46 as shale revival cancels out OPEC efforts

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NEW YORK (Bloomberg) -- Oil hovered around $46/bbl in New York, back to levels last seen before the OPEC deal, as the shale revival appears...

OPEC output unchanged at 31.85 million b/d

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(S&P Gobal Platts) The 10 Organization of the Petroleum Exporting Countries (OPEC) members' crude output stayed unchanged in April at 31.85 million barrels per day...

Oil prices shaping up to have major effect on Russian currency

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The results of a recent Bloomberg survey of FX executives show that the biggest issue facing the Russian ruble in 2017 is the price...