Oil prices rose in early trade on Thursday, reversing the previous session's losses, buoyed by stronger-than-expected economic data from the world’s top oil consumers and signs of easing trade tensions.

Oil rose amid signs of tighter supplies in the near term and on stronger demand signals in the US. Most Read from BloombergThe Dutch Intersection Is Coming to Save Your LifeAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsLA Homelessness Drops for Second YearManhattan,

Oil futures rebounded after three days of losses, supported by better-than-expected U.S. retail sales and a delayed response to yesterday’s report of a 3.9 million barrel U.S. crude stock draw.

BEIJING/SINGAPORE (Reuters) -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, while tariff concern and rising OPEC+ output capped gains.

Crude oil futures rise on supply concerns after drone attacks in Iraq's Kurdistan; market supported by lost production.

Santos reported a 1% rise in quarterly oil and natural gas production as it waits on a consortium led by Abu Dhabi’s national oil company to firm up a $18.72 billion takeover bid.

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of U.S. tariffs.

Oil Price Rise And The Impact On Inflation. This past week, the oil price rise caused by the outbreak of the Iran/Israel conflict caught investors’ attention. However, ...

Oil posted a monthly gain of 11% on signs that consumption is outpacing supply and draining stockpiles.. Futures in New York rose 0.9% on Friday. Oil’s advance this month shows the impact of an ...