ReutersOil rises as investor confidence over US polls boosts risk assetsReutersIn a swell of investor risk appetite, U.S. stocks racked up their biggest one-day gain since March on Monday, which fed into an easing in the dollar that underpinned more risk-l …
ReutersOil prices steady ahead of US election, weak China data weighsReutersChina, which vies with the United States for top spot as the biggest crude importer, bought 6.78 million barrels of oil from abroad in October, down 12.9 percent from the previous …
ReutersOil prices steady ahead of US election, but weak China data weighsReutersThe country's refined oil product exports jumped 24 percent on a year earlier, as the nation produced more fuel than it could absorb. Crude prices were also weighed down by …
ReutersUS oil prices steady ahead of election, but oversupply still weighsReuters"Oil appears to have coat-tailed most other commodities higher, as part of a Clinton-led, broad based, risk asset rally," said Jeffrey Halley, senior market analyst …
ReutersOil down 2 percent, strong dollar knocks US crude off 15-month highsReutersNEW YORK Oil prices fell about 2 percent on Thursday, as a resurgent dollar encouraged players to take profit on the previous day's rally that had sent U.S. crude to 15-m …
ReutersOil down 2 percent on profit-taking, dollar riseReutersOn Wednesday, oil settled up about 2 percent, with U.S. crude closing at its highest level in 15 months, after a large and unexpected drawdown in U.S. crude stocks. "After the big run, I th …
ReutersOil slips as profits taken from strong rallyReutersLONDON Oil prices fell on Thursday on profit-taking, after markets rallied the previous day on another unseasonal draw in U.S. crude oil stocks helping bullish sentiment from an expectation of an OP …
MarketWatchOpinion: Don't count on a sustained rally in oil pricesMarketWatchBut while some analysts are bullish on oil and oil stocks, the reality is that we are in store for yet another head fake in the energy sector. While crude oil has indeed ralli …
ReutersOil slips after strong rally, but bullish sentiment remainsReutersLONDON Oil prices fell on Thursday on profit-taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut in production. U.S. West …
ReutersOil prices fall after strong rally, but sentiment remains confidentReutersReuters technical commodity analyst Wang Tao said U.S. oil is expected to break a resistance zone of $51.67 to $52.11 per barrel, and then rise towards $52.78. Meanwhile, Bren …