Brent crude edged up towards $102 a barrel on Tuesday, but stayed near a 14-month low reached in the previous session on weak demand and easing concerns over risks to supply.
Brent shed nearly $2 on Monday, as investor worries ove
Brent crude oil slipped towards $110 a barrel on Friday but remained on course for its highest weekly close this year, as supply disruptions in Africa have tightened the market.
Domestic conflicts in Libya and South Sudan, as well
Brent crude oil steadied around $103 a barrel on Thursday as a drop in U.S. oil stocks and lower Iranian exports balanced worries the U.S. Federal Reserve may scale back its economic stimulus.
Expectations that the U.S. Federal Re
Brent crude oil moved above $104 per barrel on Tuesday, supported by stronger equities markets and rising Middle East risk but held back by ample supplies and concern over fuel demand as global economic growth remains tepid.
Brent crude rose above $105 per barrel on Monday as plans to stimulate Japan's economy lifted stock markets, but the oil benchmark remained near an eight-month low on worries over global economic growth and fuel demand.
Brent crude oil traded near three-month highs around $113 per barrel on Monday, buoyed by economic optimism and ahead of a US Federal Reserve meeting and employment data that should show more signs of recovery in the world's biggest oil cons
Brent crude oil slipped towards $110 per barrel on Monday, averaging more than $111.65 this year, its fourth successive year of annual rises and above the previous record of $110.91 in 2011.
Brent fell on worries US lawmakers may
Brent crude held steady above $109 a barrel on Thursday as Israeli strikes against the Gaza Strip renewed worries about supply disruption, while a weak global economic outlook kept gains in check.
Oil rose, diverging from most oth
Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.
Brent crude oil futures dipped below $114 per barrel on Wednesday, as supply disruption concerns faded slightly, but hopes of central bank intervention to bolster the global economy kept prices near three-month highs.