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NEW YORK: Oil prices settled up more than US$2 Thursday despite news that OPEC+ reached a deal to gradually ease production cuts from May.
TOKYO: Crude prices rose on Thursday, recouping some of the previous session's losses as hopes grew that OPEC and its allies later on Thursday would decide to keep curtailing production in place in the face of resurgent COVID-19 infections in some regions.
NEW YORK: Oil prices slid more than 1% on Tuesday as the Suez Canal reopened to traffic and the U.S. dollar rallied.
Oil slumped around 2% on Monday after news from the Suez Canal that salvage crews have managed to move the giant container ship that has been clogging up the vital global trade passage for nearly a week.
TOKYO: Oil slumped more than 2% on Monday after news from the Suez Canal that salvage crews have managed to move the giant container ship that has been clogging up the vital global trade passage for nearly a week.
TOKYO: Oil prices resumed their decline on Monday, edging lower on renewed concerns that European lockdowns may slow an anticipated recovery in demand for fuel products.
Oil major Exxon Mobil Corp on Tuesday urged shareholders to reject seven proposals up for voting at its annual meeting on May 26, including the proposition to split its chairman and CEO roles
The activist investor leading a proxy fight to reshape Exxon Mobil Corp on Monday named the four directors it wants shareholders to remove at the oil company's upcoming annual general meeting
NEW YORK: Oil prices edged lower on Monday, pulling back from early gains fostered on strong Chinese economic news and ongoing supply restraint from major oil producers