Oil Rises On Prospect of OPEC+ Supply Cut

Oil rose more than 1% on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth. Saudi…

Oil Prices Steady As OPEC+ Mulls Supply Cut

Oil prices steadied on Thursday as producer group OPEC+ raised the prospects of curbing oil supplies while the prospect of an agreement that could return sanctioned Iranian oil exports to the market…

Oil Slips To Six-Month Low As Recession Fears Weigh

Oil hit a six-month low on Wednesday after a brief rally as concerns about the prospect of a global recession that would weaken demand overshadowed a report showing lower U.S. crude and gasoline…

Stocks Struggle as China Rate Cut Sends Oil Tumbling

Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy,…