Thursday 24 July 2014
 
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Brent Crude

Brent set for highest weekly close in 2014

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

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Oil steadies around $103 on Iran, Fed doubts

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

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Oil rises above $104 on Mideast risk, equities

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. Europ

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Oil tops $105, rebounding from 8-month low

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. The Ba

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Oil near 3-month high at $113 on economic hope

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

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Oil heads for record annual average over $111

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

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Brent steady above $109 as ME tensions mount

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

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Brent crude below $112, global worries weigh

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.

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Brent steady near $114, supply fears ease

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. Worries abou

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Brent stays above $100 on stimulus hopes

Brent crude slipped on Wednesday, but stayed above $100 per barrel as weak global economic data fuelled expectations of a stimulus response by central banks, and rising tension over Iran's nuclear programme fed worries about supply disruption.

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