ReutersUS oil hits one-week high as dollar sags; many Asian markets shutReutersThe dollar slipped to a three-year low against a basket of currencies on Friday. A weaker dollar often boosts prices for oil and other dollar-denominated commodities. [USD/]. As …

Oil gains as dollar sags near three-year low; many Asian markets shutReuters“The market is quiet due to a slew of holidays in Asia.” The dollar languished near a three-year low against a basket of currencies on Friday, headed for its biggest weekly loss in …

ReutersOil slips below $64 as US output, higher inventories weighReutersOil had climbed on Wednesday and early on Thursday after Saudi Energy Minister Khalid al-Falih said OPEC would do better to leave the market tight than end the deal on cutting output t …

ReutersOil rises towards $65 on Saudi commitment to curb output, weak dollarReutersA weaker dollar makes oil and other dollar-denominated commodities cheaper for holders of other currencies, potentially boosting demand. “It seems that al-Falih felt this co …

ReutersOil falls by 1 percent on Saudi commitment to withhold output, weak dollarReutersStephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA in Singapore, said “the Saudi signal is reasonably convincing, suggesting OPEC and their part …

ReutersOil rises by 1 percent on Saudi commitment to withhold output, weak dollarReutersStephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA in Singapore, said “the Saudi signal is reasonably convincing, suggesting OPEC and their part …

Financial TimesUS set to become swing oil supplierFinancial TimesUS runaway crude oil production and total oil export growth is having dramatic impacts on global oil markets, positioning the US to be the major oil export hub in the world. No doubt there is …

ReutersOil extends gains on Saudi commitment to cutting output, weak dollarReutersU.S. crude oil production rose to a fresh record of 10.27 million barrels per day (bpd), more than top exporter Saudi Arabia pumps and within reach of No.1 producer Russia. C …

Business InsiderHistory could be repeating itself in the oil marketBusiness InsiderThe reason why the oil market might suffer from a renewed glut largely comes down to soaring U.S. shale production. In the three-month period ending in November, the U.S. ad …

The Globe and MailOil Prices Recover After Small Crude Inventory BuildOilPrice.comThis is true of grades such as North Sea Forties, and Russian Urals—and in fuels, Atlantic diesel—as refineries seem to be reluctant to take advantage of lower prices and boo …