Ahmad Ghaddar, Reuters

Oil recovers some ground, rise in US drilling caps gains

Ahmad Ghaddar, Reuters
April 24, 2017
Oil prices recovered some lost ground on Monday after big losses last week, driven by expectations that OPEC will extend output cuts till the end of 2017, although a rise in U.S. drilling capped gains.

Oil prices steady, rebounding Libyan production weighs

Ahmad Ghaddar, Reuters
April 3, 2017
Oil futures held steady on Monday as a rebound in Libyan oil production over the weekend weighed against upbeat economic data from Asia that pointed to strong energy demand from the region.

Oil rises on Libya disruption, likely OPEC output cut extension

Ahmad Ghaddar, Reuters
March 29, 2017
Oil prices extended gains on Wednesday despite an increase in U.S. crude inventories, lifted by Libyan supply disruptions and expectations of an OPEC-led output cut being extended.

Oil gains as bullish bets on rising prices hit record high

Ahmad Ghaddar, Reuters
February 27, 2017
Oil prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by the prospect of faster growth in U.S. oil production.

Oil prices fall on bloated U.S. fuel inventories, stalling China demand

Ahmad Ghaddar, Reuters
February 8, 2017
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U.S. crude inventories and a slump in Chinese demand implied that global oil markets remain oversupplied despite OPEC-led efforts to cut output.

Oil set for weekly fall on doubts over extent of OPEC cuts

Ahmad Ghaddar, Reuters
January 13, 2017
Oil prices are on track to end the week lower on lingering doubts over the extent of OPEC cuts, with sentiment worsened by concerns over the health of the Chinese economy after it reported the steepest falls in exports since 2009.

Oil extends losses after report shows surprise U.S. stocks build

Ahmad Ghaddar, Reuters
November 2, 2016
Crude oil prices fell for a fourth day on Wednesday as jittery investors awaited official U.S. stockpile figures later in the day after industry data showed a surprise build in inventories, underlining the market's supply overhang.

Oil prices firm, rise in U.S. drilling weighs

Ahmad Ghaddar, Reuters
October 17, 2016
Oil prices reversed losses on Monday on expectations of an OPEC intervention next month to curb production, but a rising rig count in the United States capped gains.

Oil price gains limited by higher OPEC output, U.S. crude stocks

Ahmad Ghaddar, Reuters
October 13, 2016
The price of crude oil climbed on Thursday, gaining support from record Chinese imports, but gains were limited after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. crude stocks.

Oil falls as China fuel exports jump, U.S. rigs rise

Ahmad Ghaddar, Reuters
August 22, 2016
Crude oil prices fell nearly 3% today as China ramped up exports of refined products, U.S. oil producers added rigs for an eighth consecutive week, and prospects emerged for increased exports from Iraq and Nigeria.