Search Results for: Brent
Gunmen Storm Libya Parliament as Violence Grips Oil-Producer
May 19th, 2014
A Libyan military police chief said he disbanded parliament after a militia group he backs stormed it yesterday, spreading violence in the energy-rich nation to its capital and sending world oil prices higher. In a televised speech late yesterday ...
Oil extends gains above $102 on demand outlook
May 19th, 2014
The price of oil extended gains above $102 a barrel Monday on forecasts of higher global demand. Benchmark U.S. crude for June delivery was up 16 cents to $102.18 a barrel at 0620 GMT in electronic trading on the ...
Gas prices are high…
May 19th, 2014
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural ...
Oil prices rose amid Ukraine tensions
May 12th, 2014
Oil rose above $100 per barrel on Monday amid renewed tensions over Ukraine. Benchmark U.S. crude for June delivery was up 13 cents to $100.12 a barrel at 0650 GMT in electronic trading on the New York Mercantile Exchange. ...
Oil price increases as Ukraine fear outweighs China data
May 5th, 2014
The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing. Benchmark U.S. crude for June delivery was up 34 cents to $100.10 a barrel at ...
European Index Futures Gain as Asia Falls; Nickel Rallies
April 28th, 2014
European equity futures rose while Asian stocks fell, pushing the regional index to an almost two-week low, as investors weighed company earnings, while the Korean won gained. Wheat climbed with nickel amid prospects for additional sanctions against Russia over ...
Oil falls to near $103 ahead of Ukraine meeting
April 15th, 2014
The price of oil fell to near $103 a barrel Tuesday ahead of talks aimed at defusing tensions between the West and Russia over Ukraine. By early afternoon in Europe, benchmark U.S. crude for May delivery was down 92 ...
Oil prices rise on continuing tension in Ukraine
April 14th, 2014
Crude oil prices have risen amid continuing tensions in Ukraine and concerns about possible disruptions to Russian gas supplies. The price of Brent crude futures rose above $108 a barrel in Monday trading – a gain of 0.8% on ...
Stocks Drop With Ruble as Ukraine Tension Spurs Gold
April 14th, 2014
Global stocks dropped a third day, the ruble tumbled and oil and gold advanced as the U.S. and Russia traded barbs in the United Nations Security Council amid worsening violence in Ukraine. The euro dropped on prospects for more ...
An Old Formula May Overstate U.S. Oil Supplies
April 4th, 2014
Jan Arps is the most influential oilman you’ve never heard of. In 1945, Arps, then a 33-year-old petroleum engineer for British-American Oil Producing Co., published a formula to predict how much crude a well will produce and when it ...
