North Sea Brent

Oil ends down despite U.S. crude draw; stockpiles still hefty

Oil prices fell after initially rallying on Wednesday as worries about huge supplies weighed on the market despite a second straight week of draws in U.S. crude.

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Oil up 3 percent in largest gain in three weeks; volatility threatens

Oil rose 3 percent on Tuesday, the most in three weeks, as a weak dollar lifted commodities denominated in the currency and OPEC raised slightly its forecast for world oil demand growth.

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Aviation's oil price dissident says fuel will stay low

For years he was a lone voice in the aviation industry despite being one of its best-known economists, a Cassandra-like figure whose warnings of a slump in oil prices went unheeded.

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