Oil

Oil rose 1 percent on Friday, boosted by lower U.S. stockpiles, a slight slowdown in U.S. crude production and signs of increased Chinese demand, but trading was volatile as global supply remained strong.

Oil rose 1 percent on Friday, boosted by lower U.S. stockpiles, a slight slowdown in U.S. crude production and signs of increased Chinese demand, but trading was volatile as global supply remained strong.

Oil prices edged higher in volatile trading on Friday as signs of strengthening demand was offset by still-high global stocks and concerns about economic growth.

Oil prices steadied on Thursday after evidence of stronger demand in China balanced reports of higher production by key OPEC exporters in a downbeat report by the International Energy Agency (IEA).

Oil prices steadied on Thursday after evidence of stronger demand in China balanced reports of higher production by key OPEC exporters in a downbeat report by the International Energy Agency (IEA).

OPEC nations boosted oil production in June, posting their worst compliance rates in six months.

U.S. stocks were slightly higher in early trading on Thursday, ahead of Federal Reserve Chair Janet Yellen's second day of testimony and a day after she signaled a dovish stance on interest rates.

Oil futures rose, maintaining some gains from earlier in the day, as a report showing hefty drawdowns in U.S. crude inventories was offset by data pointing to lackluster gasoline demand.

Oil prices climbed more than 1 percent on Tuesday along with rising heating oil futures on reports showing forecast cuts in U.S.oil production and a decline in European product stockpiles.

U.S. stocks ended little changed on Tuesday in a session marked by knee-jerk reactions to events in Washington that drove investors to first worry then hope about prospects for the Trump administration's economic agenda.

A U.S. appeals court said on Tuesday that Exxon Mobil Corp cannot enforce a large international arbitration award against Venezuela stemming from an asset seizure in 2007, when the country was nationalizing its oil industry.

A U.S. appeals court said on Tuesday that Exxon Mobil Corp cannot enforce a large international arbitration award against Venezuela stemming from an asset seizure in 2007, when the country was nationalizing its oil industry.

Houston, Texas-based oilfield services company Halliburton (NYSE:HAL) said Monday it has seen a surge of new job openings this year thanks to an increased demand for fracking in the United States.

Oil prices rose modestly on Monday, but increased drilling activity in the United States and uncertainty over Libyan and Nigerian production cuts clouded the future supply outlook.

A company has proposed an expansion for a natural gas processing plant in the most prolific part of the Bakken oil patch in northwestern North Dakota.

When energy analysts and investors couldn't figure out oil markets this year, they blamed one group: algorithmic traders.

Saudi Arabia's state-run oil company, which is nearing a massive IPO, said a decline in exploration activity will lead to a global crude shortage.