ReutersOil softens after OPEC decision prompts big weekly rallyReutersLONDON Oil prices fell 1.5 percent to steady at around $53 a barrel on Friday after the biggest weekly rally since 2009 following OPEC's decision this week to cut crude output in ord …

ReutersOil prices hold gains after surge on OPEC output dealReutersLONDON Crude oil prices steadied around $50 a barrel on Thursday, holding onto most of the big gains made after OPEC and Russia agreed to restrict production, even as analysts warned other …

ReutersOil prices surge, trading volume records smashed as OPEC and Russia agree ...ReutersThe price for Brent crude futures LCOc1, the international benchmark for oil prices, jumped as much as 13 percent from below $50 on Wednesday and was at $52.10 per b …

ReutersOil down for day on strong dollar, up for week on OPEC hopeReutersNEW YORK Oil prices were down slightly on Friday, weighed by a stronger dollar and oversupply concerns, but expectations for a cut in production from OPEC had Brent and U.S. crude on …

ReutersOil down on firmer dollar, set for weekly gain on OPEC hopesReutersRussian Energy Minister Alexander Novak said after meeting OPEC members he was more confident an output deal could be reached between Moscow and the group to help to boost oil prices …

ReutersOil set for first weekly gain in five on OPEC deal optimismReutersOPEC member countries have proposed Iran cap its oil output at 3.92 million barrels per day (bpd) under a production-limiting deal for the whole group, a source familiar with the prop …

ReutersOil rises on optimism over OPEC deal; stronger dollar caps gainsReutersOPEC countries are ready to reach a "forceful" agreement, Venezuelan President Nicolas Maduro said on Wednesday, following a meeting with OPEC Secretary-General Mohamme …

ReutersOil prices rise on Saudi optimism over OPEC dealReutersSaudi Energy Minister Khalid al-Falih said on Thursday he was optimistic OPEC would formalize a preliminary oil output deal reached in Algeria in September. "I'm still optimistic that t …

ReutersOil steady as oversupply tempers hopes of OPEC dealReutersStocks are also rising elsewhere, thanks in part to record output by oil producers in the Organization of the Petroleum Exporting Countries, which pumps around 40 percent of the world oil sup …

Business InsiderSaudi Arabia has a message for Trump on oilBusiness InsiderPresident-elect Donald Trump jeopardizes the global economy through his promises to block Middle East oil imports for the purpose of creating an energy independent United States, ac …