Bent oil

An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo
Global Economy

Oil jumps 2.5% as no immediate Saudi output boost expected

Brent crude futures were up $2.50, or 2.5%, to $101.60 a barrel by 11:39 a.m. EDT (1539 GMT) while West Texas Intermediate crude rose $2.38, or 2.5%, to $98.16

The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France, 17 September, 2019. PHOTO: REUTERS/Christian Hartmann/File Photo
Global Economy

Oil falls as Russia, Ukraine supply fears wane

The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France, 17 September, 2019. PHOTO: REUTERS/Christian Hartmann/File Photo
Global Economy

Oil slips below $80 after OPEC+ output hike decision

The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France, 17 September, 2019. PHOTO: REUTERS/Christian Hartmann/File Photo
Global Economy

Oil heads for biggest annual gains since at least 2016

Photo: Collected
Global Economy

Oil prices climb towards $80 on tight supply, stocks fall

Oil pump jacks work at sunset near Midland, Texas, US, August 21, 2019. Picture taken August 21, 2019/ Reuters
Global Economy

Oil drops on oversupply warnings, rising Covid cases