The reduction signals further caution as concerns that global supply will outstrip demand continue to weigh on markets.
US stocks got hit as oil investors skimmed profits in the tech sector and concerns rose over higher oil prices.
By Nicole Jao NEW YORK, Feb 4 (Reuters) - Oil prices climbed about 3% on Wednesday on a report that the U.S. would not agree ...
WTI crude oil is holding near $63.41 on Tuesday, slipping modestly but staying above key support levels as traders balance ...
Once viewed primarily as cyclical or speculative, modern oil and gas is increasingly evaluated by investors as a cash-flowing ...
Carnegie Endowment for International Peace Senior Fellow Karim Sadjadpour discusses the latest U.S.-Iran talks mediated by ...
After a round of indirect talks with Trump's envoys in Oman, Iran's top diplomat says the country will keep negotiating, but ...
President Donald Trump enabled his administration to apply tariffs on goods from countries doing business with Iran, but stopped short of immediately imposing any new duties.