Commodities

Oil Prices Rise as OPEC Output Cuts Drain Stocks

Oil prices climbed higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks.

Oil Prices Rise as OPEC Output Cuts Drain Stocks

Oil prices climbed higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks.

Oil Prices Jump Ahead of Producers' Compliance Meeting

Oil prices rose more than 2 percent on Friday on expectations that a weekend meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but rising U.S. drilling activity limited gains.

Oil Prices Jump Ahead of Producers' Compliance Meeting

Oil prices rose more than 2 percent on Friday on expectations that a weekend meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but rising U.S. drilling activity limited gains.