Crude oil rises ahead of Asia trade on Friday on potential OPEC supply cut
Crude oil futures headed higher into Asia on Friday, with the market watching for whether Saudi Arabia will convince OPEC and allies to trim 1.4 million…
Articles by Staff Writer 1
Crude prices may falter Thursday in Asia after API builds
Crude oil prices may decline in Asia trade on Thursday as weekly supply data out of the U.S. pointed to growing inventories. ICE Brent was…
Output demands, OPEC continue to weigh on crude in Asia Wednesday
Crude oil prices are poised to weaken in Asia on Wednesday as pressure for lower prices by U.S. President Donald Trump and production curbs by OPEC…
Crude oil slips in Asia on Tuesday as supply concerns weigh
Crude oil prices dropped ahead of the Asian open on Tuesday amid concerns that U.S. production and inventories will continue builds and OPEC production will…
Crude oil seen steady in Asia on Monday as OPEC and allies meet
Crude oil prices are expected steady in Asia on Monday as OPEC and allies work out the next steps on production targets as a two-year…
Crude oil may rebound Friday after drop on supply concerns
Crude oil prices may rebound in Asia on Friday after a sharp drop on Thursday driven by concerns that global supplies are outpacing demand. Traders…
Crude points weaker Thursday in Asia after EIA data
Crude oil prices are weaker ahead of the Asian open on Thursday, with high U.S. stocks and production hitting sentiment. ICE Brent crude oil was…
Crude heads weaker in Asia Wednesday after API surprise build
Crude oil prices turned weaker ahead of the Asian Wednesday open after U.S. industry estimates reported a larger-than-expected build in U.S. oil supplies. In after-settlement…
Crude weaker in Asia on Tuesday amid concerns over economic growth outlook
Crude oil prices eased in Asia on Tuesday amid concerns over global economic growth, while renewed U.S. economic sanctions on Iran drew less of a…
Crude May rebound in Asia Monday as US sanctions on Iran begin
Crude oil prices may rise in Asia on Monday with the full impact of renewed U.S. economic sanction on Iran scheduled to start at midnight….
Crude edges higher on Friday in Asia with Iran sanctions ahead
Crude oil prices rose in Asia on Friday, with the market looking to see how extra oil being pumped by Saudi Arabia and other Gulf…
Crude weaker ahead of Asian open on Thursday after EIA figures
Crude oil prices appeared set to trade weaker in Asia on Thursday despite U.S. data on weekly inventories that was slightly more bullish than expected…
API estimates weigh on crude Wednesday ahead of Asian open
Crude oil prices were weaker on Wednesday ahead of the Asian open following figures overnight that showed higher-than-expected U.S. weekly inventories and on concerns about…
Crude oil heads weaker in Asia ahead of Tuesday‘s API estimates
Crude oil prices were weaker into the Asian morning on Tuesday ahead of weekly US industry estimates of oil and refined product inventories. ICE Brent…
Crude up in Asia on Monday as tight supplies seen
Crude oil rose on Monday in Asia trade as the market sees tighter supplies ahead with the U.S. set to renew economic sanctions on Tehran…
Crude heads lower in Asia on Friday with OPEC output eyed
Crude oil prices are mixed, but headed weaker ahead of Asian trading on Friday as the market digests comments from OPEC and Saudi Arabia about…
Crude looks set to weaken in Asia trade Thursday on mixed EIA data
Crude oil prices looked set to start trade weaker on Thursday in Asia after a report on weekly data from the U.S. Energy Information Administration…
API estimates, Saudi news weigh on crude Wednesday
Crude oil prices are expected weaker on Wednesday in Asia after the American Petroleum Institute (API) reported a sharp build in crude oil stocks, adding…
Crude oil heads higher on Tuesday in Asia on API estimates
Crude oil prices are set to head higher in Asia on Tuesday with industry estimates of weekly inventories ahead later in the day. ICE Brent…
Crude headed higher in Asia Monday as US-Saudi Tensions Continue
Crude oil prices appeared headed higher on Monday as tension between the U.S. and Saudi Arabia over the death of Saudi journalist Jamal Khashoggi continues….
Crude oil rangebound in Asia on Friday ahead of US rig count data
Crude oil prices are expected to be rangebound in Asia on Friday as investors await weekly rig count data from oilfield services provider Baker Hughes….
Crude mixed ahead of Asia open Thursday after surprise US inventory build
Crude oil prices were mixed ahead of Asian trade on Thursday on a larger-than-expected build in U.S. inventories. ICE Brent was quoted down 1.29 percent…
Crude headed higher in Asia Wednesday after surprise API estimates
Crude oil prices are headed higher ahead of Asian trade on Wednesday after the American Petroleum Institute reported a surprise drop in weekly crude inventories….
Crude oil mixed Tuesday ahead of US inventory estimates
Crude oil prices were quoted mixed ahead of the Asian open on Tuesday with upcoming weekly industry estimates of U.S. inventories setting the tone. ICE…
Crude oil seen rangebound Monday over Khashoggi disappearance
Crude oil prices are seen rangebound in Asia on Monday with the market focused on tensions between the U.S. and Saudi Arabia over the disappearance…
Crude oil ends slightly higher on Friday
Crude oil prices ended the week slightly higher on Friday after two volatile days of trade driven by higher-than-expected U.S. weekly oil and refined product…
Crude may rebound in Asia on Friday
Crude oil may rebound in Asia on Friday after two days of sharp falls on a larger-than-expected build in U.S. crude oil inventories. NYMEX WTI…
Crude weaker on Thursday after API estimates
Crude oil prices headed lower on Thursday in Asia after U.S. industry estimates on weekly inventory levels set a bearish tone. ICE Brent was last…
Crude mixed Wednesday in Asia as Hurricane Michael strengthens
Crude oil prices were mixed in Asia on Wednesday as Hurricane Michael shut a significant portion of U.S. offshore oil and gas production along with…
Crude may rebound Tuesday on weaker Iran oil exports
Crude oil prices may gain in Asia on Tuesday on reports that exports of Iranian crude are dropping faster than expected ahead of renewed U.S….
Crude oil gains set to continue Monday ahead of Iran sanctions
Crude oil prices are seen higher in Asia on Monday as the market continues to tighten ahead of an early November deadline for the U.S….
Crude mixed ahead of Asia open as Baker Hughes data awaited
Crude oil prices were mixed ahead of Asian trading on Friday, with the International Energy Agency chief warning oil producers about the negatives of high…
Crude oil mixed ahead of Asia open after U.S. inventory data
Crude oil supplies eased ahead of the Asian open on Thursday after a stronger-than-expected build in US crude oil stocks. ICE Brent was quoted up…
Crude down ahead of open on mixed estimates of US inventories
Crude oil prices slipped ahead of the Asian open on Wednesday after mixed industry estimates on U.S. weekly inventories. ICE Brent was quoted down 0.40…
Crude mixed in Asia ahead of API estimates
Crude oil prices were mixed in early Asia trading on Tuesday with the market focused on U.S. inventories data ahead. ICE Brent crude oil prices…
Crude oil seen higher in Asia on Saudi spare capacity concerns
Crude oil prices are seen higher in Asia on Monday on capacity worries. ICE Brent crude was quoted 0.36 percent higher to US$83.30 a barrel,…
Crude oil awaits Baker Hughes US rig count
Crude oil prices pointed higher early on Friday ahead of weekly data from oil services firm Baker Hughes due later in the day, which will…
Crude may rebound in Asia
Crude oil prices may rebound in Asia on Thursday as the market turns its attention to supply from Iran after a surprise build in U.S….
API estimates dim crude rally
Crude prices were under pressure ahead of the Asian open on Wednesday after industry estimates of weekly oil and refined product inventories came in mostly…
Crude oil rally may continue in Asia
A sharp rally in crude oil prices looks set to continue in Asia on Tuesday on OPEC comments at the weekend that signaled higher production…