Sunday 1 March 2015
 
»
Tag
 
»
Brent

Oil up sharply; posts first monthly gain since June

Crude oil rose sharply on Friday as Brent and US futures posted their first monthly gains since June, supported by an improving demand outlook and supply outages. On its way to contract expiration, March New York ultra-low sulfur

More…

Brent approaches $61, set to end 7-month losing streak

Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices. A reduction in rig counts

More…

Oil above $62 after Saudi comments on demand

Oil rose above $62 a barrel on Thursday as indications of a coming recovery in demand offset a further jump in US crude stockpiles which underlined currently ample supplies. Crude benchmarks in the US and Europe posted their large

More…

Oil dips toward $61 as US crude stocks weigh

Brent crude fell towards $61 on Thursday, reversing previous gains as a bulging US crude stockpiles offset glimpses of an oil demand recovery. Both Brent and US crude recorded their largest percentage gains in nearly two weeks at

More…

Oil inches towards $59 on China factory growth

Brent crude rose marginally towards $59 a barrel on Wednesday, helped by better than expected Chinese factory activity data, the Federal Reserve's flexible stance on US interest rates and the eurozone's approval of reforms proposed by Gr

More…

Oil slips towards $60 as oversupply weighs

Brent crude oil fell towards $60 a barrel on Friday as oversupply, underlined by record-high US crude stocks, weighed on the market. US crude inventories rose 7.7 million barrels to 425.6 million barrels last week, rising for a si

More…

Oil falls sharply over Saudi output rise concerns

Oil prices tumbled on Thursday as US inventories were expected to hit record highs, while a possible rise in Saudi output could stoke oversupply built up in the past few months. Meanwhile, production from the world's biggest e

More…

Oil prices dip after rally earlier this week

Oil prices dipped on Wednesday after gaining more than a per cent in the previous session, but trading was thin as several Asian countries started the Lunar New Year holidays which last for the rest of the week. Analysts said that

More…

Oil prices dip after rally earlier this week

Oil prices dipped on Wednesday after gaining more than a per cent in the previous session, but trading was thin as several Asian countries started the Lunar New Year holidays which last for the rest of the week. Analysts said that

More…

Oil extends rally, but downward correction seen

Oil markets opened stronger on Tuesday, continuing a rally that has seen Brent crude futures soar 8 per cent since mid-January, yet analysts are increasingly saying that price rises have been overblown and are due a downward correction.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads