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Oil edges up as strong demand seenCrude oil prices edged up in early Asian trading on Thursday as demand was estimated to have remained strong despite slowing economic growth in Asia, and as Russian and western air campaigns in Syria worried markets. Traders said More… |
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Oil rises on increased world demand outlookOil futures extended gains in early Asian trade on Wednesday as US crude and gasoline inventories fell more than expected and the Energy Information Administration (EIA) raised its 2015 oil demand growth forecast. Front-month Bren More… |
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Oil falls on global economy concernsOil slipped on Thursday as weak data from the world's top economies raised concern about the outlook for global fuel demand, offsetting data that showed a large drawdown in US crude stockpiles last week. China, the world's More… |
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Brent falls $1 as demand outlook worsensNorth Sea Brent crude oil fell more than $1 per barrel on Tuesday, hit by reports of high oil production and expectations of lower demand as economic growth slows in the West. Brent crude futures for June slipped to a low of $112.11, down More… |
