Oil steadies above $62 per barrel, expected fall in US inventory supports
An OPEC-led producer group last week extended a supply-cutting deal through 2018, but the resulting support for prices could bolster US output which climbed to nearly 9.5 million barrels per day in September.
Dec 05, 2017, 16:43 PM ISTOil slips towards $50 on doubts over duration of output cut
Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production cut will be extended beyond June in an effort to counter a glut of crude.
Mar 27, 2017, 17:30 PM IST