US West Texas Intermediate (WTI) crude fell 72 cents, or 1.8 per cent, to $38.83.

Russia said its output had dropped almost to its quota for May and June under the deal agreed by major producers known as OPEC+.

Brent crude rose 5 cents to $56.35 a barrel by 0952 GMT.

China and India imported about 1.4 million barrels a day of Iranian crude in last 3 months.

The world’s biggest commodity consumer may buy 8% more oil from overseas in 2016, taking average purchases to 7.2 million barrels a day.

Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in US crude supplies f...

Oil prices rose above $71 as investors weighed evidence of weak US crude demand against effects of falling dollar.

Oil prices lost over $2 to stumble below $78 a barrel Friday as rising US unemployment figures renewed concerns about the economic recovery...

Oil jumps above $79 a barrel before falling as investors look for signs of consumer confidence.

Oil prices weakened Friday, dampened by concerns that a recovery in US demand may be slower than expected and as stockpiles of refined prod...

Oil prices rose above $68 a barrel as a rally fueled by an improving economic and corporate outlook extended into a third week, even while ...

Oil prices held above $67 a barrel on Friday, adding to gains made overnight, as world stock markets rallied on signs of improvement in the...

Oil prices hovered near $72 a barrel as investor optimism about a global economic recovery pushed crude to fresh highs for the year.

Oil extended gains above $65 a barrel to reach a fresh six-month high after US reported a fall in oil inventories and further signs of econ...

The price for oil produced by the Organisation of the Petroleum Exporting Countries continued to rise, climbing to $46.27, the Vienna-based...

Resurgent economic jitters sent oil prices below $38 a barrel on Wednesday, as investors focused on the global slowdown that has dragged cr...

Oil prices slid sharply Thursday, extending their retreat on the previous day's release of data that showed demand for petroleum products i...