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Brent Oil - Oil Falls 2% on Trade Fears, Oversupply Prospects
Oil prices extend losses as the U.S.-China trade spat and expectations of an even larger supply surplus weighed on crude’s outlook.
Oil falls as US-China trade tensions rattle nerves
Oil prices reversed early gains and fell on Tuesday amid uncertainty about trade tensions between the U.S. and China, the world's top two economies, and as the International Energy Agency (IEA) ...
BP says upstream production to rise but flags ‘weak’ oil trading
BP has said it expects to be boosted by higher oil and gas production for the third quarter but warned of weak oil trading. It told investors on Tuesday that upstream production is now expected to be ...
BP guides for higher third-quarter upstream output, weaker oil trading
BP expects its upstream production to be above last quarter's, the company said in a trading update today ahead of results due on November 4, adding that its oil trading result was weak.
Oil edges up as US-China de-escalate trade tensions
Oil prices rose on Tuesday as early signs of a thaw in U.S.-China trade tensions bolstered market sentiment, alleviating concerns over global fuel demand.