Page 6 - Global Oil Prices
Oil rises to $51 after steep slide; economic worries continue to weigh
While economic worries have weighed, the outlook is not as weak as in 2016 when a supply glut built up, because the Opec this time is trying to prop up the market
 "Oil rises to $51 after steep slide; economic worries continue to weigh")
Oil steadies near two-month low as US stockpiles climb, equity rout eases
Oil is poised for the worst monthly decline since July 2016 as ongoing trade tensions stoke concerns over global energy demand at a time American crude stockpiles are increasing
 "Oil steadies near two-month low as US stockpiles climb, equity rout eases")
Oil portents: Are we headed for another price shock and economic shake-up?
If forecasters are right and oil rises not just to $100 but perhaps $120 a barrel, trade gap, inflation, the rupee's external value and economic growth may all come under pressure, writes T N Ninan
 "Oil portents: Are we headed for another price shock and economic shake-up?")
Oil slumps near $64 as OPEC clash looms, US-China trade war escalates
OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day, Russian Energy Minister Alexander Novak said on Thursday
 "Oil slumps near $64 as OPEC clash looms, US-China trade war escalates")
Are we facing an oil shock? 5 signs from across the world that indicate so
Over the past 11 months, Brent crude is up 62 per cent and West Texas Intermediate has risen 46 per cent - but does that constitute an oil shock?
 "Are we facing an oil shock? 5 signs from across the world that indicate so")
Oil prices dip after IEA raises doubt over demand outlook for 2018
Crude oil prices fell sharply after the IEA raised doubts about the outlook for 2018," ANZ bank said
 "Oil prices dip after IEA raises doubt over demand outlook for 2018")
Oil climbs as tensions rise over Iraqi Kurdistan's vote of independence
US light crude was 60 cents higher at $52.74 after reaching a five-month intra-day high of $52.86 a barrel
 "Oil climbs as tensions rise over Iraqi Kurdistan's vote of independence")
Oil edges higher above $52 ahead of US stocks report
Opec, other producers are cutting output by about 1.8 mn bpd from Jan 17 until March18
 "Oil edges higher above $52 ahead of US stocks report")
Oil prices fall 1% with rising US fuel inventories, higher Opec supplies
US crude was pulled down at $ 48.69 per barrel
 "Oil prices fall 1% with rising US fuel inventories, higher Opec supplies")
Oil edges up, Brent below $50 a barrel ahead of Opec meeting
OPEC with Russia to reduce global glut, cut production by 1.8 mn between January 2017-March 2018
 "Oil edges up, Brent below $50 a barrel ahead of Opec meeting")
Oil edges above $49 amidst US drilling slowdown, Opec-led cuts
Brent crude was up 19 cents, US crude was up 17 cents
Oil edges up, but still set for worst first-half performance in 20 years
Oil prices have fallen about 20% this year, despite efforts by OPEC to cut production
 "Oil edges up, but still set for worst first-half performance in 20 years")
Oil falls 1% on fears West Asia rift could harm Opec cuts
There are already doubts that effort to curb production by 1.8 million bpd is denting crude exports
 "Oil falls 1% on fears West Asia rift could harm Opec cuts")
Oil prices dip 5% as Opec's production cuts fall short of expectations
The cuts haven't resulted in desired goals amid rising US shale production, weak global demand
 "Oil prices dip 5% as Opec's production cuts fall short of expectations")
Oil prices rise as Opec and Russia cut production to counter US Shale
According to reports, Opec's largest producer Saudi Arabia is still keeping markets well supplied
 "Oil prices rise as Opec and Russia cut production to counter US Shale")
