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1:35 a.m. Today - By Jenny W. Hsu
Oil prices are hovering under $50 a barrel after an industry group shows U.S. oil and gasoline inventories rose last week.
3:19 p.m. April 25, 2017 - By Myra P. Saefong
Oil prices on Tuesday rebound from a six-session drop to their lowest settlement of the month.
3:34 p.m. April 24, 2017 - By William Watts
Oil futures give back an early rebound, ending lower as persistent concerns about rising U.S. output cast a cloud over the market.
3:24 p.m. April 21, 2017 - By Myra P. Saefong
Oil falls on Friday, with U.S. prices ending below $50 a barrel to log their first weekly loss in a month.
3:37 p.m. April 20, 2017 - By Myra P. Saefong
Oil prices finish on a mixed note Thursday, with West Texas Intermediate crude extending their losses after a drop of nearly 4% a day earlier, but Brent crude edging higher on hopes of an extension to OPEC”s production-cut deal.
3:40 p.m. April 19, 2017 - By Myra P. Saefong
Oil prices suffer their largest one-day loss in six weeks as a steep drop just ahead Wednesday’s settlement pushes prices to their lowest finish in 2½ weeks.
2:56 p.m. April 18, 2017 - By Myra P. Saefong
Oil end lower Tuesday, pressured by concerns about further growth in U.S. output, but signs that Saudi Arabia and Russia are sticking to their pledge to cut crude production keeps losses in check.
3:55 p.m. April 17, 2017 - By Myra P. Saefong
Oil prices fall Monday to mark their lowest finish in about a week, pressured by data showing gains in the number of active U.S. oil rigs over the past 13 weeks and expectations for a rise in monthly domestic shale production.
3:21 p.m. April 13, 2017 - By Myra P. Saefong
Oil prices edge higher Thursday to register a third weekly gain after an energy watchdog said the market is “very close” to a balance after years of oversupply.
4:29 p.m. April 12, 2017 - By Myra P. Saefong
Oil prices halt their longest streak of gains so far this year, as concerns over rising U.S crude production offset support from the first weekly decline in domestic crude supplies in a month.
3:37 p.m. April 11, 2017 - By Myra P. Saefong
Oil finishes higher Tuesday, stretching its streak of gains to a sixth session as prices rebound on talk of a possible extension to the OPEC-led production cut agreement.
3:25 p.m. April 10, 2017 - By Myra P. Saefong
Oil futures settle higher Monday, stretching their wining streak to a fifth consecutive session, as the shutdown of Libya’s largest oil field and uncertainty in the Middle East, following the U.S. airstrike on Syria, raised concerns over disruptions to global crude supplies.
3:26 p.m. April 7, 2017 - By William Watts
Oil futures end at a one-month high Friday after a U.S. airstrike on Syria, though gains were capped by expectations risks to Middle East output would be limited.
3:36 p.m. April 6, 2017 - By William Watts
Oil shakes off early weakness to head for its fourth straight gain as traders look past swollen U.S. inventories to a more favorable global backdrop.
4:04 p.m. April 5, 2017 - By William Watts
Oil futures end higher but trim strong gains after data show an unexpected rise in U.S. crude inventories.
3:17 p.m. April 4, 2017 - By William Watts
Oil prices move higher in choppy trade on Tuesday, but with investors jittery ahead of U.S. supply data later in the day.
3:24 p.m. April 3, 2017 - By William Watts
Crude-oil futures wobble but hold ground Monday after the resolution of output disruptions in Libya brought the recent rally in prices to a halt.
3:20 p.m. March 31, 2017 - By Myra P. Saefong
Oil prices finish lower Friday, but still log a loss of almost 6% for the quarter.
3:23 p.m. March 30, 2017 - By Myra P. Saefong
Oil strengthens for a third straight session Thursday, with West Texas Intermediate crude topping $50 a barrel to settle at a more than three-week high.
3:42 p.m. March 29, 2017 - By Myra P. Saefong
Oil prices rallied Wednesday, settling at their highest level in roughly three weeks after data from the Energy Information Administration showed a weekly rise in U.S. crude inventories that was below some market forecasts, along with bigger-than-expected declines in gasoline and distillate stockpiles.
3:17 p.m. March 28, 2017 - By Myra P. Saefong
Oil prices settle at a roughly one-week high Tuesday, buoyed by news of disruptions to Libyan crude production and talk of a six-month extension to an OPEC-led pact to limit global output.
3:09 p.m. March 27, 2017 - By Myra P. Saefong
Oil prices finish lower, pressured by another weekly rise in the U.S. oil-rig count and uncertainty over whether OPEC will extend its production cuts into the second half of the year.
3:50 p.m. March 24, 2017 - By Myra P. Saefong
Oil prices end higher up Friday, but log their third weekly loss in a month, as traders continue to weigh signs of OPEC-led cutbacks in global crude production against data pointing to the likelihood of further gains in U.S. output.
3:31 p.m. March 23, 2017 - By Myra P. Saefong
Oil prices extend a streak of losses Thursday as traders focus on the persistent oversupply in the global market that has weighed on prices in recent years.
3:09 p.m. March 22, 2017 - By Myra P. Saefong
Oil prices on Wednesday end lower as U.S. government data show crude stockpiles at a record, but a larger-than-expected decline in gasoline inventories limits losses.
3:30 p.m. March 21, 2017 - By Myra P. Saefong
Oil prices settle lower in volatile trading tied to the expiration of the April futures contracts, ahead of data that are expected to reveal a rise in weekly U.S. crude supplies.
3:08 p.m. March 20, 2017 - By Myra P. Saefong
Oil prices settle at their lowest level in nearly a week, as another rise in active U.S. oil rigs renews concerns over domestic production and some analysts worry that a change to the G-20 policy statement may impact global trade.
3:31 p.m. March 17, 2017 - By Myra P. Saefong
Oil settles a few pennies higher Friday, tallying their first weekly gain three weeks.
3:30 p.m. March 16, 2017 - By Myra P. Saefong
Oil prices finish with a modest loss Thursday, a day after a big rally, as rising output from the U.S. remains a threat to efforts by other major producers to rebalance the market.
3:19 p.m. March 15, 2017 - By Myra P. Saefong
Oil prices end their long losing streak Wednesday, as a drop in the dollar in the wake of the Federal Reserve’s decision to raise interest rates, as expected, fed an earlier rebound.
3:28 p.m. March 14, 2017 - By Myra P. Saefong
Oil prices extend a multisession decline after a monthly OPEC report shows Saudi crude output climbing back above 10 million barrels a day along with a sizable increase in U.S. production.
3:09 p.m. March 13, 2017 - By Myra P. Saefong
Oil prices stretch their losing streak to a sixth session Monday as traders look toward the release of monthly reports from major industry groups this week that are expected to provide updates on OPEC crude production and global demand.
4:16 p.m. March 10, 2017 - By Myra P. Saefong
U.S. data showing a hefty increase in domestic crude stockpiles and further gains in output feed worries that OPEC-led output cuts won’t be enough to rebalance the market.
4:13 p.m. March 9, 2017 - By Myra P. Saefong
Oil prices sink below $50 a barrel Thursday for the first time this year, extending the 5% plunge a day earlier as the market continues to worry that growing U.S. crude production may undermine efforts by global oil producers to rebalance the market.
7:18 a.m. March 9, 2017 - By Myra P. Saefong
Oil prices on Wednesday sink to their lowest finish of the year after U.S. government data reveal a weekly spike in crude supplies that lifted total inventories to another record level.
4:44 p.m. March 7, 2017 - By Myra P. Saefong
Oil prices finish with a slight loss Tuesday, sticking to a very tight trading range, as traders weigh prospects for U.S. and global crude supplies.
4:29 p.m. March 6, 2017 - By Myra P. Saefong
Oil futures make modest moves Monday, with U.S. prices ending a bit lower as downbeat economic growth forecasts in China and signs of further growth in U.S. crude production spark concerns over an excess supplies.
4:43 p.m. March 3, 2017 - By Myra P. Saefong
Oil prices settle higher Friday, buoyed by uncertainty surrounding Libya’s crude production, but prices still registered a loss for the week on the back of rising U.S. output.
4:24 p.m. March 2, 2017 - By Myra P. Saefong
Oil prices fall for a third consecutive session to log their lowest finish in about three weeks after U.S. government data showed that domestic crude inventories hit a record and production edged higher last week.
4:37 p.m. March 1, 2017 - By Myra P. Saefong
Oil prices tiptoe lower Wednesday, as U.S. government data reveal an eighth weekly climb in row for crude stockpiles that was actually smaller than the market expected.
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