Monday 1 September 2014
 
»
Tag
 
»
Crude

Kuwait export crude falls to $103.4 in July

The price of Kuwait Export Crude (KEC) fell about $5, from $108.2 per barrel (bbl) at the start of July to $103.4 per bbl at the end of the month, said a report. The National Bank of Kuwait report noted that the oil prices retreat

More…

Brent drops below $102 on China concerns

Brent slipped below $102 a barrel on Thursday, near a 14-month low hit earlier this week, as concerns over excess oil supply and slowing demand weighed on prices. A survey on China's factory activity showed that growth in the

More…

Brent falls below $103 on higher Libyan output

Brent crude fell below $103 a barrel on Monday as Libya increased its oil output and as worries over supply from key producer Iraq eased. The drop came following a jump of more than $1 a barrel in benchmark prices on both sides of

More…

Oil hits 9-month low on ample supply

Brent crude oil fell below $104 a barrel on Tuesday, its lowest level in nine months as steady supplies dispelled concerns over potential disruptions in producers such as Iraq and Libya. The International Energy Agency (IEA) said

More…

Opec slashes oil demand growth forecast

Opec trimmed its 2014 global oil demand growth forecast for a second consecutive month and said the group managed to increase output in July despite violence in Iraq and Libya, pointing to more comfortable global supplies. In a mo

More…

Oil gains $1 on plans for US air strikes in Iraq

Brent crude oil rose by more than $1 towards $107 on Friday after the United States approved air strikes against Islamist militants in Iraq, raising concerns over the security of oil supplies from Opec's second largest producer. Pre

More…

Oil prices tumble on oversupply, weak demand

Brent and US crude futures tumbled on Friday to the lowest settlement prices in months, as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. Oi

More…

Brent slips toward $106 over poor US demand

Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher Opec output and disappointing demand in the United States outweighed tensions in the Middle East and Africa.

More…

Oil hits 9-month high near $115 on Iraq turmoil

Brent crude hit a nine-month high near $115 a barrel on Thursday on concerns heavy fighting in Iraq could limit oil supply from Opec's second-biggest producer.   Government forces battled Sunni militants for

More…

Shale revolution boosts US oil reserves to record levels

US exploration and production companies are finding accumulations of crude and condensates twice as fast as they are producing them, according to statistics published this week. Proved reserves of crude stood at 30.5 billion barre

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads