Oil climbs above $110, Iran diplomacy in focus

Oil prices climbed towards $110 a barrel on Wednesday as expectations faded that new talks over Iran's nuclear programme would bring a rapid thaw in relations with the United States. FULL STORY »

Oil slips below $108 ahead of Iran nuclear talks

Brent crude oil eased to under $108 a barrel on Tuesday, losing more ground after almost a month of falls as geopolitical tension eased and further evidence emerged of rising oil supplies from Libya and Iraq. FULL STORY »

Scrambling for diesel as Midwest pipeline shuts before harvest

With the fall harvest looming, pockets of the U.S. Midwest are bracing for a mad scramble for diesel fuel to power tractors and combines after the summer closure of a key pipeline that supplied buyers from Arkansas to Indiana. FULL STORY »

Oil sheds $1/bbl on higher supplies, Iran diplomacy

Oil prices on both sides of the Atlantic shed more than $1 per barrel on Monday despite upbeat economic data from China and Europe, as higher crude output from Iraq and a possible thaw in U.S.-Iran relations boosted the supply outlook. FULL STORY »

Oil falls below $109 on easing supplies, Iran

Crude oil fell below $109 a barrel on Monday as higher output from Iraq and a possible thaw in U.S.-Iran relations weighed on prices, offsetting upbeat economic data from China and Europe. FULL STORY »

Oil above $109, heads for weekly loss on Libya, Syria

Oil rose above $109 a barrel on Friday supported by persistent concern about supplies, falling U.S. crude inventories and the Federal Reserve's decision this week to leave its stimulus programme unchanged. FULL STORY »

Oil slips on Iran president comments

Brent oil dipped on Thursday after conciliatory comments from Iran's president, helping unwind a risk premium and foster speculation of a recovery in oil exports to the West. FULL STORY »

Oil gains sharply as Fed sticks to stimulus

Crude oil futures settled sharply higher on Wednesday, surging late in the session after the U.S. Federal Reserve said it would leave its monetary stimulus program unchanged, a policy largely seen as supporting commodity prices. FULL STORY »

Brent oil eases below $108 ahead of Fed

Brent crude slipped below $108 a barrel on Wednesday as Libyan production began to recover and ahead of a Federal Reserve decision on bond purchases. FULL STORY »

Brent ends at six-week low as fears over Syria fade

Brent crude oil prices settled at a six-week low on Tuesday as major world powers met to draft a resolution to destroy Syria's cache of chemical weapons, calming investor fears of an imminent U.S. military response. The resumption of some Libyan output also pressured prices. FULL STORY »

Oil falls below $109 on Syria, Libyan output

Brent crude fell below $109 a barrel on Tuesday as a deal averting any imminent U.S. attack on Syria calmed fears of a disruption to Middle East oil supplies and after output resumed at a large oilfield in western Libya. FULL STORY »

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