Commodities News

Oil price settles after 3.2% slide

The oil price is steady Thursday, recovering from a steep decline earlier in the week amid the escalating US-China trade tensions and as the API oil inventories data showed a smaller draw than expected,

Oil price edges closer to $80 per barrel

The oil price has moved closer to $80 per barrel amid geopolitical concerns ahead of possible Us sanctions that could disrupt Iranian and Venezuelan oil production.

Oil price slips amid Trump comments

The oil price edged a little lower Friday after Us President Trump tweeted his unhappiness with the "artificially very high" oil price and OPEC's hand in that.

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