Oil hits highest level since May 2015

LONDON, 9 Jan 2018:  Oil rose further above US$68 a barrel briefly today – touching its highest since May 2015 – supported by OPEC-led production cuts and expectations US crude …

Brent oil hits US$60 per barrel

NEW YORK, 28 Oct 2017:  Oil prices jumped about 2% yesterday – with global benchmark Brent crude rising above US$60 per barrel – on support among the world’s top producers …

IEA: Global oil price set to rise

LONDON, 13 Sept 2017:  Oil prices ticked higher today after the International Energy Agency (IEA) said the global oil surplus was starting to shrink due to robust global demand and …

Oil prices continue to rise

SINGAPORE, 1 Aug 2017:  Oil rose today, supported by strong US fuel demand – but ongoing high supplies from producer club OPEC kept prices in check. US West Texas Intermediate …