Search For Keyword.

Business

Yemen conflict keeps Brent crude oil around $63

(Reuters) - Brent crude oil steadied around $63 a barrel on Tuesday, not far below the 2015 high, supported by worries that a civil war in Yemen could destabilize the Middle East, affecting oil supplies. Oil has climbed around 15 percent this month due to concern over the conflict in...

Oil turns higher, rallies to 2015 high on Yemen conflict

(Reuters) -  Crude oil  prices jumped to fresh 2015 peaks on Thursday, turning higher on news that a tribal group made up of former Al Qaeda militants took control of a major southern oil terminal in Yemen. The terminal is one of the major hubs for the Hadramout region...

Oil rises on U.S. output dips, Middle East tensions

(Reuters) - Crude oil futures rose on Tuesday on signs of falling U.S. oil production, weakness in the dollar and tensions in the Middle East, particularly Yemen. North Dakota's February oil production fell 15,000 barrels per day (bpd) versus January, monthly data showed on Tuesday,...