Brent crude futures for October settlement fell 9 cents to $105 a barrel by 0841 GMT, after climbing 4.1% on Monday, the biggest increase in more than a month
Oil prices rose more than $3 a barrel on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar
Oil edged higher on Monday to extend last week's gains as potential OPEC+ output cuts and conflict in Libya helped to offset a strong US dollar and a dire outlook for US growth
Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman Jerome Powell
Brent for October settlement reached a three-week high, trading up $1.30, or 1.3%, at $101.52 a barrel by 0850 GMT. U.S. crude was up $1.18, or 1.3%, at $94.92 a barrel.
The OPEC+ coalition said it will increase output to 100,000 barrels a day next month after raising it by by 648,000 barrels per day in July and August.
Brent crude was up 72 cents, or 1.2%, at $59.56
Oil prices rose on Wednesday to highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers
Brent oil prices rose to the highest since February after Saudi Arabia agreed to make bigger cuts in output than expected during a meeting with allied producers
Oil prices fell as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the Covid-19 pandemic
The Russian government, after internal talks with its own oil companies, has settled on its position, a person familiar with the discussions said on Wednesday
U.S. West Texas Intermediate crude for January fell 35 cents, or 0.8%, to $45.18 a barrel
The east-west divide is an added conundrum for OPEC+, which on Monday and Tuesday needs to decide whether to delay a production increase slated for January -- and if so, for how long
Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Biden as US President, close sources said and would miss Trump who helped bring about a record oil output cut
OPEC has cut oil output in June as it works to implement a supply restraint agreement with Russia and other allies, according to estimates from tanker-tracking company Petro-Logistics
An extension to cuts was contingent on high compliance, three Opec sources told Reuters
Gold is trading near all time high and some pullback is expected. Instead of chasing prices at a higher level, we recommend to buy on dips near 44,300.
The OPEC nations have agreed to "a different limit reduction of about 23 per cent", said US President Donald Trump