U.S. crude stocks

US oil prices extend gains on slide in dollar, talk of oil producer meeting

Analysts said that prices had recovered support from a sliding dollar, as well as from ongoing yet unconfirmed talk of a potential meeting by major oil producers to cut output in support of prices, which have fallen around 70 percent since mid-2014.

Feb 04, 2016, 07:21 AM IST

Oil rebounds above $56 as weaker dollar overshadows China slowdown

Brent crude reversed early losses to rise above $56 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.

Mar 24, 2015, 18:21 PM IST