Crude Oil prices rose in early trading on Friday as turmoil continues in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies.
Despite this, brimming inventories across the world were preventing supply shortfalls and sharper price...
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Oil prices rose over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply following global oil disruptions and flipped to a deficit, Reuters reports.
International Brent crude futures were trading at $48.50 per barrel at 0255 GMT, up 67...
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Oil gains on Thursday, continuing to gather support after the world's biggest suppliers firmed up plans to meet to discuss an output freeze.
Oil producers including Gulf OPEC members support holding talks next month on a deal to keep production at current levels, even if Iran declines to...
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