Crude was supported by hopes for a settlement and potential U.S. output cuts, but gains could be short-lived as oil demand continues to be ...

"I think all forecasts are out the window," said Jonathan Barratt, chief investment officer at Probis Securities in Sydney.

US West Texas Intermediate (WTI) was $1, or 2.1 per cent, lower at $44.90 per barrel.

A word on the street is that OPEC will continue the same policy or try to tighten it a little bit more to arrest the declines, says the CIO...

Jonathan Barratt, CIO, Probis Securities says base metal and oil prices have come under a lot of pressure following the coronavirus scare.

At these levels, there is more concern for economic growth, says Barratt

“Price rise on back of OPEC trying to push through supply cuts and easing in US-China trade tensions.”

Prices were edging lower during Asian trade as investors took profits after Thursday's gains, analysts said.

Crude prices may even dip over the next month or so, says the AyersAlliance CIO.

“The weaker dollar has caused the commodity prices to go higher.”

There will be more demand at the end of the day to suck up the extra supply.

China announced a better than expected manufacturing performance in March on Friday, but oil investors still weren't convinced.

"When the market turns around from a buyer’s market to a seller’s market, it is going to be quite severe and obviously that will effect eco...

Oil headed for its longest rally in almost six months as US industry data showed crude stockpiles fell in the world’s biggest consumer.

Brent crude slipped below $110 a barrel on Thursday, but stayed near its highest in two and half weeks.

Brent crude held above $110 a barrel on Thursday as on-going concerns over the crisis in Ukraine outweighed mixed US oil inventory data.

Oil prices were mixed on Tuesday after rallying in the previous session in response to a vote in eastern Ukraine to break away from the cou...