Oil prices update

Oil inches up after U.S. reimposes Venezuela oil sanctions

Venezuela exported 600,000 barrels per day (bpd) in the first quarter, of which 165,000 bpd were des...

Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns

But oil prices could swing higher again if U.S. inventory data and China's PMI index show improvemen...

Oil prices steady on Hamas ceasefire talks

U.S. West Texas Intermediate (WTI) futures were down 22 cents, or 0.3%, at USD 83.63 a barrel.Oil pr...

Oil falls on lingering demand concerns in China

Lower interest rates decrease the cost of borrowing, which can boost economic activity and oil deman...

Oil prices decline over 1% on Chinese demand jitters

U.S. retail sales were also unchanged in June, a show of consumer resilience that boosts economic gr...

Oil drops on weak sentiment, set for weekly decline

China's economy grew at a slower-than-expected 4.7% pace in the second quarter, official data showed...

Oil prices rise on fears of wider Middle East conflict after rocket strike in Golan Heights

"Worries over escalating tensions in the Middle East prompted fresh buying, but gains were limited b...

Oil prices fall more than 1% on China worries

The Organization of the Petroleum Exporting Countries (OPEC) on Monday trimmed its demand outlook fo...