Oil

Oil pares gains into settlement; U.S. fuel stockpiles rise

Oil prices settled slightly higher on Wednesday, with Brent touching three-week highs and then retreating after a surprising drop in U.S. refining rates and an unexpected build in fuel stocks signaled slower demand in the world's top oil consumer.

Oil pares gains into settlement; U.S. fuel stockpiles rise

Oil prices settled slightly higher on Wednesday, with Brent touching three-week highs and then retreating after a surprising drop in U.S. refining rates and an unexpected build in fuel stocks signaled slower demand in the world's top oil consumer.

OPEC leans towards nine-month extension of oil supply cut - sources

DUBAI/LONDON (Reuters) - OPEC is leaning towards extending a deal with Russia and other non-members to cut oil supply for a further nine months, four OPEC sources said, although stronger-than-expected demand growth may allow the group to delay a decision until early next year.

Oil steady as U.S. output gains offset Middle East tensions

Oil prices ended little changed on Tuesday, steadying after earlier gains and losses, as expectations of high U.S. production and exports offset concerns that fighting between Iraqi and Kurdish forces could threaten the country's crude output.

Oil jumps 1%; fighting shuts output in Iraq's Kirkuk

Oil prices jumped 1 percent on Monday as Iraqi forces entered the oil-rich city of Kirkuk, taking territory from Kurdish fighters and briefly cutting some crude output from OPEC's second-largest producer.

Oil rises 2 percent on signs rebalancing underway

Oil prices rose about 2 percent on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of oversupply.

Oil rises 2 percent on signs rebalancing underway

Oil prices rose about 2 percent on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of oversupply.