Oil prices rose to three-week highs on Monday amid expectations that OPEC is moving close to a deal to cut output when it meets next week.
Brent crude went up to 47.94 a barrel, its highest since the start of the month, a five-percent rally no doubt also fuelled by comments from the Russian...
SINGAPORE (Reuters) - Oil prices recovered ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output... Reuters - BusinessAlso reported by •Reuters India •OilPrice.com
SINGAPORE (Reuters) - Oil prices resumed their downward trend on Wednesday as data showed a rise in U.S. crude inventories and record supplies in the rest of the... Reuters India - BusinessAlso reported by •OilPrice.com
PARIS (Reuters) - OPEC Secretary General Mohammad Barkindo said on Thursday that global oil inventory overhang was declining but oil stocks still need to fall... Reuters India - BusinessAlso reported by •Sify