published Apr 10th 2016, 5:54 pm, by Emma O’Brien (Bloomberg) — U.S. oil topped $40 a barrel for the first time this month, extending Friday’s surge amid easing concern over a global glut ahead of a meeting of major producers. Commodity-linked currencies held on to gains. West Texas Intermediate crude

published Apr 7th 2016, 6:15 pm, by James Paton (Bloomberg) — Oil reversed losses amid speculation about whether an accord can be reached at a meeting between OPEC members and Russia on freezing oil production. Futures rose as much as 1.2 percent in New York after slipping 1.3 percent Thursday.

©2016 Bloomberg News O4GLNN6JIJUZ (Bloomberg) — Most U.S. stocks retreated as investors dived into haven assets including gold and the dollar after deadly terrorist attacks in Brussels killed at least 31 people. The Nasdaq Composite Index edged higher as drugmakers climbed. While transport-related shares led the Standard & Poor’s 500

©2016 Bloomberg News O2EW216TTDSC (Bloomberg) — Oil rebounded from the lowest level in more than 12 years amid the most volatile prices since 2009 as speculation swirls over whether producers will act to bolster the market. Futures rose as much as 5.9 percent in New York, after closing at the

©2016 Bloomberg News O27FP86TTDS1 (Bloomberg) — Oil traded near $31 a barrel as Saudi Arabia said it held “successful” talks with Venezuela about cooperating to stabilize the market, without elaborating on the steps required to shore up prices. Futures were little changed in New York after falling 8.1 percent last

©2016 Bloomberg News O1845T6JTSEC (Bloomberg) — Oil traded near the lowest close in more than 12 years before weekly U.S. government data forecast to show crude stockpiles expanded, exacerbating a global glut. Futures were little changed in New York after dropping 3.3 percent Tuesday to the lowest level since September

©2015 Bloomberg News NYEGX16JIJUR (Bloomberg) — Oil held gains after rising for a third day on signs the pace of drilling is slowing in the U.S. amid a global oversupply. Futures were little changed in New York after advancing 0.4 percent Wednesday. The number of rigs targeting oil fell by 9