Oil

Oil prices slid 5 percent on Wednesday to a one-month low, after an unexpected increase in U.S. inventories of crude and gasoline fanned fears that output cuts by major world oil producers have not done much to drain a global glut.

Oil prices dipped on Wednesday on renewed concerns about the efficacy of OPEC-led production cuts due to rising tensions within the export group over Qatar and growing U.S. output.

Oil prices dipped on Wednesday on renewed concerns about the efficacy of OPEC-led production cuts due to rising tensions within the export group over Qatar and growing U.S. output.

Oil prices edged upward Tuesday, finding technical support after sliding below $47 a barrel on pressure from a diplomatic rift in the Middle East and sustained high crude inventories in the United States.

Oil prices edged upward Tuesday, finding technical support after sliding below $47 a barrel on pressure from a diplomatic rift in the Middle East and sustained high crude inventories in the United States.

Oil prices fell nearly 1 percent on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production.

Oil prices fell nearly 1 percent on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production.

With the Paris climate accord out of the picture, oil producers face a more stable environment.

With the Paris climate accord out of the picture, oil producers face a more stable environment.

Brent crude tumbled below $50 on Friday, heading for a second straight week of losses, on worries abandoning a climate pact could spark more crude drilling, worsening a global glut.

Brent crude tumbled below $50 on Friday, heading for a second straight week of losses, on worries abandoning a climate pact could spark more crude drilling, worsening a global glut.

Oil prices were mixed on Thursday, with Brent crude down on concerns that key producers were still adding to the global crude glut but U.S. crude up slightly after a larger-than-expected domestic inventory drawdown.

Investors want Exxon to issue annual reports on how climate rules affect the value of the company's oil and gas reserves.

Despite being on opposing sides of Syria's civil war, Russia and Saudi Arabia are coming together.

Despite being on opposing sides of Syria's civil war, Russia and Saudi Arabia are coming together.

Oil prices fell to a three-week low on Wednesday on news that Libyan output was recovering from an oilfield technical issue, fueling concerns that OPEC-led output cuts to reduce global inventories were being undermined by producers outside the deal.

Oil prices fell to a three-week low on Wednesday on news that Libyan output was recovering from an oilfield technical issue, fueling concerns that OPEC-led output cuts to reduce global inventories were being undermined by producers outside the deal.

Oil prices fell by one percent on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that is undermining OPEC-led production cuts aimed at tightening the market.

Exxon Mobil has stepped up efforts to persuade investors to vote against climate-related proposals at Wednesday's annual meeting.