Sunday 23 November 2014
 
»
Tag
 
»
Brent

Oil rises to $81 on China rate cut, possible Opec move

Brent crude oil rose to near $81 a barrel on Friday after China cut interest rates and on speculation that Opec could agree next week to reduce oil production. China's central bank cut its benchmark interest rates for the firs

More…

Oil steady below $79 as divisions in Opec grow

Brent crude held steady below $79 a barrel on Wednesday as data showed Saudi Arabia increased crude exports in September despite signs of an oversupplied market and divisions between Opec members seemed to grow ahead of a meeting next week.

More…

Oil slips to $79 as Japan enters recession

Brent crude fell to $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon.

More…

Brent edges above $78, still near 4-year low

Brent crude edged above $78 a barrel on Friday but remained close to a four-year low because of concern over excess supply and uncertainty over whether oil cartel Opec would cut production at a meeting in two weeks. Saudi Arabian

More…

Brent plunges to $80 as Saudi stays mum on output cut

Brent crude traded around $80 a barrel on Thursday, near its lowest since 2010, after Opec said demand for its oil would fall next year, while Saudi Arabia remained silent about a possible cut in production. Global demand for oil

More…

Oil price drop – a developing positive shock

While the recent drop in oil prices poses a positive shock to the global economy, sustained cheaper oil could drive global GDP growth by a few tenths of a percentage point (pp), benefiting large developed economies and much of Asia, a report sai

More…

Oil steadies below $83 as dollar hits 4-year high

Brent crude oil steadied below $83 a barrel on Friday, consolidating after several months of sharp falls as the dollar hit a four-year high ahead of US jobs figures. US non-farm payrolls data were due at 8:30 am EST (1330 GMT) on

More…

Brent drops toward $82 on weak China data, supply glut

Brent crude dropped towards $82 a barrel on Wednesday, stretching losses into a fifth session, as weak economic data from top energy consumer China stoked worries about demand in a market that is already battling a deepening global supply glut.

More…

Saudi Arabia slashes oil prices for US customers

Brent crude fell towards $84 a barrel on Tuesday, extending losses to a fourth session after top oil exporter Saudi Arabia cut prices to the US. The cut hammered oil prices on Monday as it underscored Saudi efforts to fight for ma

More…

Oil falls for fourth month, longest slump since 2008

Oil's losing streak continued for the fourth consecutive month on Friday, with prices tumbling as another round of monetary stimulus from Japan pumped up the US dollar and pounded a crude market already suffering from robust supply.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads