Oil

Oil prices rebounded to rise more than 1 percent on Friday, but ended the week nearly 3 percent lower after an OPEC-led decision to extend production curbs did not go as far as many investors had hoped.

Oil prices rebounded to rise more than 1 percent on Friday, but ended the week nearly 3 percent lower after an OPEC-led decision to extend production curbs did not go as far as many investors had hoped.

Oil prices tumbled 5 percent on Thursday as the extension of output curbs by OPEC and other producing countries disappointed investors who had hoped for larger cuts, leading to the biggest daily percentage slide in crude prices since early March.

Oil prices tumbled 5 percent on Thursday as the extension of output curbs by OPEC and other producing countries disappointed investors who had hoped for larger cuts, leading to the biggest daily percentage slide in crude prices since early March.

OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude.

Oil prices retreated slightly Wednesday as investors reacted to a smaller-than-expected U.S. gasoline stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether to extend output cuts.

Oil prices retreated slightly Wednesday as investors reacted to a smaller-than-expected U.S. gasoline stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether to extend output cuts.

Oil prices settled a bit higher on Tuesday as expectations of an extension to OPEC-led supply cuts overshadowed a White House proposal to sell half of U.S. petroleum reserves.

Oil prices rose to their highest levels in more than a month on Monday, amid growing confidence that top exporters would agree to extend supply curbs this week and speculation that the cuts could be deepened further.

Under political fire at home, U.S. President Donald Trump sealed a $110 billion arms deal with Saudi Arabia on Saturday on his maiden foreign trip as he struggled to shift attention from the aftermath of his firing of the director of the FBI.

Under political fire at home, U.S. President Donald Trump sealed a $110 billion arms deal with Saudi Arabia on Saturday on his maiden foreign trip as he struggled to shift attention from the aftermath of his firing of the director of the FBI.

President Donald Trump may be having a rough go in the United States these days, but in Saudi Arabia, on his first foreign trip as President of the United States, he is getting a royal welcome layered with pomp and circumstance.

President Donald Trump may be having a rough go in the United States these days, but in Saudi Arabia, on his first foreign trip as President of the United States, he is getting a royal welcome layered with pomp and circumstance.

Oil prices rose on Friday, heading for a second week of gains on growing expectations that OPEC and other producing countries will agree at a meeting next week to extend crude output cuts.

Oil prices rose on Friday, heading for a second week of gains on growing expectations that OPEC and other producing countries will agree at a meeting next week to extend crude output cuts.

Investors should not overlook commodities as a critical component for their portfolio.