Tag Archives: oil prices

Oil prices edge up on lower US rig numbers

Oil prices edged up in Asia on Monday, recovering slightly from last week s decline, but analysts said traders would likely delay any big moves until next month s meeting of key producers. Hopes for an agreement between

Oil extends losses under $40

World oil prices sank on Tuesday, sliding further below $40 per barrel, as hopes faded that major crude producers would freeze output levels to ease a world surplus. Around 1200 GMT, US