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Oil jumps three percent as dollar falls, U.S. rig count drops

EghtesadOnline: Oil prices rose sharply on Friday, as the dollar fell and U.S. drillers cut rigs, feeding a rally that boosted global benchmark Brent crude to a weekly gain while U.S. crude was virtually flat on the week.
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Publish Date:19/August/2017 | 09:12

Oil Gains as Saudis See Steady Output After U.S. Stockpiles Rise

EghtesadOnline: Oil rose after dropping the most in a month as Saudi Arabia said it won’t boost output to capacity and flood a market that’s contending with a global inventory overhang of crude and fuel supplies.
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Publish Date:01/September/2016 | 08:49