Brent crude

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Global Economy

Oil prices mixed as demand shrinks, but stimulus hopes support

The collapse of a supply-cut pact between the Organization of the Petroleum Exporting Countries (OPEC) and other producers led by Russia is set to boost oil supply, with Saudi Arabia planning to...

Photo: Reuters
Global Economy

Oil extends gains as optimism over US stimulus lifts global markets

The Philadelphia Energy Solutions oil refinery is seen at sunset in Philadelphia March 26, 2014. Picture taken March 26, 2014. Photo :Reuters
Global Economy

Oil prices jump $1 as sharp falls draw investors, bargain buyers

The Philadelphia Energy Solutions oil refinery is seen at sunset in Philadelphia March 26, 2014. Picture taken March 26, 2014. Photo :Reuters
Global Economy

Oil prices jump 6% after biggest one-day fall since 1991

Photo: Reuters
Global Economy

Oil gains as anticipation of brief virus impact on economy grows

Drilling rigs operate at sunset in Midland, Texas, US, February 13, 2019. Photo :Reuters
Global Economy

Brent crude falls as China cuts refining rates on virus outbreak