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Oil Updates — Crude ticks up; Citi's Morse says Brent expected to fall below $80 per barrel

RIYADH: Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in US crude stockpiles. Brent crude futures rose 66 cents, or 0.78 percent, to $84.84 a barrel at 11.50 a.m. Saudi time, while US West Texas Intermediate futures gained 69 cents, or 0.87 percent, to $80.43 a barrel. Data from China showed ....

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Oil Updates — Crude recoups some losses on supply fears; ExxonMobil's Iraq exit delayed

RIYADH: Oil futures recouped some losses on Wednesday after dropping by 2 percent in the previous session, supported by supply worries stemming from the proposed cuts agreed by the Organization of Petroleum Countries, and its allies although a stronger dollar weighed on market sentiment. Brent crude futures were down 2 cents, or 0.02 percent, to $94.27 a barrel by 0727 GMT ....

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