Oil slips $1 on concerns U.S. production is rising
Oil fell by $1 a barrel on Monday as signs of growing U.S. production outweighed optimism that many other producers, including Russia, were sticking to a deal to cut supplies in a bid to bolster the market.
Jan 09, 2017, 16:36 PM IST
Russia set to gain from oil production freeze
With its oil output at record levels and state coffers running low, Russia has little to lose and much to gain from agreeing a deal with the OPEC cartel on limiting production.
Nov 27, 2016, 13:17 PM IST
Oil prices fall after Saudis say could raise output to meet demand
Front month U.S. crude fell 28 cents to $60.49 a barrel by 0152 GMT. Brent futures were down 25 cents at $64.86 a barrel.
Jun 12, 2015, 12:56 PM IST
