Oil Gains

Oil gains on expectations for higher demand as Middle East concerns rise

Opec's output fell last month by 50,000 bpd, indicating the voluntary cuts are having some effect

OPEC raises oil demand view in long term, says $14 trn of investment needed

Another decade or more of rising consumption would be a boost for OPEC, whose 13 members depend on oil income

Oil extends gains on robust US demand, China optimism as Covid cases dip

The United States posted a record fall in strategic crude reserves even as commercial stocks rose last week, data from the Energy Information Administration (EIA) showed on Wednesday

Oil soars 3% to 7-year highs on Ukraine jitters, tight supplies

Russia has massed enough troops near Ukraine to launch a major invasion, Washington said, as it urged all US citizens to leave the country within 48 hours

Oil gains on growing fuel demand, even as coronavirus cases surge worldwide

Analysts said satellite data showing a strong pick-up in traffic in China, Europe and across the United States pointed to an improvement in fuel demand

Oil pares gains after Donald Trump offers few details on US-China trade

Concerns about slower economic growth and oil demand due to the fallout from the 16-month trade dispute between the world's two biggest economies have weighed on crude futures

Firmer oil market comes after week of heavy losses; US crude holds near $60

A weaker dollar helped to boost oil by making dollar-priced crude cheaper for holders of other currencies