SINGAPORE: Oil prices edged higher on Monday, paring earlier losses, as traders expect the market to absorb another large output hike by OPEC+ in September, while worries about disruptions to Russian oil shipments to major importer India also provided support. Brent crude futures climbed 11 cents, or 0.16 percent, to $69.78 a barrel by 8:47 a.m. Saudi time, and US West Texas Intermediate crude was at $67.52 a barrel, up 19 cents, or 0.28 percent. Both contracts closed about $2 a barrel lower on Friday.

HOUSTON: Oil prices were little changed on Friday after falling more than 1 percent in the previous session as traders digested the impact of higher US tariffs that may curtail…

SINGAPORE: Oil prices edged higher on Monday, paring earlier losses, as traders expect the market to absorb another large output hike by OPEC+ in September, while worries about…

Brent crude oil has been trading near $70 per barrel, which could be due to a potential loss of Russian oil on the market and a large rise in crude inventories in China, per…

BENGALURU/SINGAPORE: Oil prices were little changed on Tuesday as traders assessed rising supply by OPEC+ against worries of weaker demand and US President Donald Trump’s new…

SINGAPORE: Oil prices climbed on Wednesday, rebounding from a five-week low in the previous day, on concerns of supply disruptions after US President Donald Trump’s threats of…

LONDON: Oil prices rose on Thursday, recovering from a five-day losing streak, on signs of steady demand in the US, the world’s largest oil consumer, although concerns over the…