Gulf Times - US-West-Texas-Intermediate
Oil near June 2015 high as production cuts tighten market

Oil near June 2015 high as production cuts tighten market

Oil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of an outlook for healthy demand amid ongoing production cuts led by Opec and Russia.

Oil prices rise on US weather disruption, OPEC action speculation

Oil prices rise on US weather disruption, OPEC action speculation

Oil futures rose on Tuesday supported by production suspensions in the USGulf due to an expected tropical storm and speculation that producers meeting in Algeria next month will act to prop up prices.