Oil rises after reported strike on Saudi oil facility, with global prices up nearly 12% for the week

Oil futures finished higher on Friday, giving up earlier declines and boosting global prices by nearly 12% for the week, after reports of an attack on an oil facility in Saudi Arabia renewed concerns ...

Oil prices hold below $100 a barrel as U.S. supplies rise, demand destruction concerns emerge

Oil futures settled lower Wednesday, with U.S. and global benchmark prices holding below the $100 mark, after U.S. government data revealed the first rise in domestic crude supplies in three weeks, an...