By Georgina McCartney HOUSTON (Reuters) -Oil prices settled up more than $1 a barrel on Tuesday after a deal to resume exports from Iraq's Kurdistan stalled, pacifying some investor concerns that the restart would exacerbate worries about global oversupply. Brent crude futures settled up $1.06, or 1.6%, at $67.63 a barrel, while U.S. West Texas Intermediate crude rose $1.13, or 1.8%, to end at $63.41 a barrel. Both benchmarks recouped modest earlier losses. Pipeline oil exports from Iraq's Kurdistan reg ...

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East. Brent crude oil futures settled 11 cents, or 0.2%, lower at $66.57 a barrel. The global benchmark has traded between $65.50 and $69 since early August. U.S. West Texas Intermediate crude (WTI)contract for October, expiring on Monday, closed down at $62.64 a barrel, down 4 cents, or 0.1%. The more actively traded second-month co ...

By Georgina McCartney HOUSTON (Reuters) - Oil prices settled higher Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of U.S. President Donald Trump pressing NATO nations to halt Russian oil purchases. Brent crude futures settled up 45 cents, or 0.67%, at $67.44 a barrel while U.S. West Texas Intermediate crude settled 61 cents higher, up 0.97%, at $63.30 a barrel. Attacks on Russian oil infrastructure and mounting pressure from Trump on buyers of Russian crude ...

By Erwin Seba (Reuters) - Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude futures settled at $66.99 a barrel, up 62 cents, or 0.93%. U.S. West Texas Intermediate crude finished at $62.69, a gain of 32 cents, or 0.51%. Early in the day, crude reacted to the drone attack on Russia's northwestern port of Primorsk, which led to a suspension of oil loading operations overnight ...

(Reuters) - HSBC's (HSBC) latest oil market supply and demand model envisions OPEC+ gradually unwinding 1.65 million barrels per day in "first-phase" voluntary production cuts over a 12-month period, the bank said in a note on Tuesday. The bank's oil market model had previously assumed that OPEC+ would take a breather after unwinding 2.2 million barrels per day (bpd) of cuts, and wait until 2026 to add more barrels. "However, the group seems undeterred by negative demand seasonality and the prospect of a ...