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Grant Smith

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OIL PRICES ROSE after Saudi Arabia's energy minister said that the market is likely to reach a balanced state by June and thus won't require any more production cuts. / BLOOMBERG FILE PHOTO/PHIL WEYMOUTH

Oil rises as Saudis see market balanced by June, U.S. rigs...

CALGARY - Oil rose in New York after Saudi Arabia’s energy minister said OPEC probably won’t need to extend its supply cuts beyond June...
OIL PRICES are trading at the lowest level in nearly four months on concerns over the U.S. presidential elections and Greece's economy. / BLOOMBERG FILE PHOTO/PHIL WEYMOUTH

Oil trades near 4-month low on Greece concern, U.S. elections

LONDON - Oil traded near the lowest level in almost four months in New York amid concern that Greece will struggle to secure another...
OIL TRADED NEAR a one-week high in New York on speculation that both China and the U.S. will implement measures to revive their respective economies.  / BLOOMBERG FILE PHOTO

Oil trades near 1-week high on outlook for economic stimulus

LONDON - Oil traded near the highest level in a week in New York amid speculation that the U.S. and China will implement measures...
OIL PRICES CLIMBED to the highest level in more than a week on speculation of a stimulus in Europe. / BLOOMBERG FILE PHOTO/PHIL WEYMOUTH

Oil advances to highest price in a week on stimulus speculation

LONDON - Oil climbed to the highest level in more than a week in New York on speculation that central banks will take...
OIL PRICES ROSE to a three-month high this morning. / BLOOMBERG FILE PHOTO/PHIL WEYMOUTH

Oil advances to 3-month high before European debt meetings

LONDON - Oil climbed to the highest in three months in New York as speculation European leaders meeting this week will make progress on...
OIL DECLINED in New York for the first time in five days as European economic confidence worsened, fanning concern that fuel consumption may slow. / BLOOMBERG FILE PHOTO

Oil falls for first day in five as European confidence worsens

LONDON - Oil declined in New York for the first time in five days as European economic confidence worsened, fanning concern that fuel consumption...

Oil falls on U.S. stockpile gain, China concern

LONDON - Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing...

Oil declines on Europe concerns after biggest gain since 2009

LONDON - Oil declined in New York as euro-area unemployment reached the highest level on record, prompting speculation that crude’s surge last week, its...

Oil set for weekly loss on European debt crisis

NEW YORK - Oil headed for a third weekly drop in New York after Germany’s finance minister said Europe’s crisis may last another two...

Oil prices rise to week high after stockpiles decline

WASHINGTON - Oil rose to its highest price in a week in New York after gasoline stockpiles declined more than forecast in the U.S.,...
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