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Oil ticks up on weaker dollar, U.S. production outlook caps gains

Oil prices edged higher on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. U.S. West Texas Intermediate (WTI) crude oil futures were trading up 16 cents at $52.64 per barrel at 0214 GMT. Brent crude futures, the international benchmark for oil prices, were up 21 cents $55.68 a barrel.

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Oil ticks up on weaker dollar, U.S. production outlook caps gains

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Oil prices fall on high production despite planned OPEC output cut

Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output, with traders doubting the step was enough to rein in production that has exceeded consumption for the better part of three years. Brent crude futures were trading down 25 cents, or 0.5 percent, at $49.94 per barrel at 0205 GMT. U.S. West Texas Intermediate (WTI) futures were down 26 cents, or 0.5 percent, at $47.98 a barrel.

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Oil prices fall on high production despite planned OPEC output cut

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Oil falls on persistent glut fears, China data supports

By Ron Bousso LONDON (Reuters) – Crude futures dipped below $47 a barrel on Friday on concerns that a persistent global glut of crude oil and refined products will impede any price recovery. U.S. West Texas Intermediate (WTI) futures were down 50 cents at $45.18 a barrel. While the price collapse over the past two years has led to

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Oil falls on persistent glut fears, China data supports