Search Results for: Brent crude
Crude Oil’s Fall Pressures Energy Megaprojects
December 9th, 2014
Energy development projects that looked great earlier this year are looking less so now. Tumbling oil prices hit a fresh five-year low on Monday, pressuring some of the world’s biggest energy companies to reconsider multibillion-dollar expenditures. The biggest worries: ...
Asian shares edge down, oil rises as crude inventories decline
December 3rd, 2014
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares ...
Brent Oil Drops Before OPEC Meeting, Iran Nuclear Talks
November 18th, 2014
Brent crude dropped for a second day as investors weighed the possibility that OPEC will reduce output next week, or that talks over Iranâs nuclear program could result in an agreement. West Texas Intermediate was little changed in New ...
Oil price swoon pulls WTI crude to 3-year low
November 5th, 2014
Oil prices fell to a three-year low Tuesday as Saudi Arabia cut prices of crude exported to the U.S., raising the specter of a bruising battle for market share that threatens the U.S. energy boom but could bring ultra-low ...
Brent falls below $92 on strong dollar, surplus supply
October 6th, 2014
Brent crude futures fell but held above $92 a barrel on Monday, extending this year’s rout that saw the international benchmark hit a 27-month low in the previous session due to a strong US dollar and ample oil supply. ...
Brent Oil Below $100 as Ample Supplies Weigh
September 10th, 2014
Brent crude oil prices fell below $100 per barrel in volatile trade on Tuesday, a fourth straight daily decline as ample supplies weighed, while U.S. crude rose on the expectation of dwindling fuel stockpiles. Prices were not far above ...
Brent Oil Drops Below $100 after Chinese Data
September 9th, 2014
Oil tumbled by $1 on Monday, with Brent sliding below $100 a barrel for the first time in more than a year and West Texas Intermediate tumbling to near its lowest of 2014, as Chinese and U.S. data pointed ...
Brent Oil Drifts Below $102 on U.S. Inventories
September 5th, 2014
Oil fell on Thursday, with a surprise rate cut from the European Central Bank boosting the dollar and hitting commodities priced in the U.S. currency. Losses were limited by a drop in crude oil inventories in the United States, ...
Brent Oil Drops to $100 on Demand Woes
September 3rd, 2014
Brent crude fell to its lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pressured U.S. oil prices. Oil prices on ...
Brent Oil Rallies Above $102 on Geopolitical Tensions
August 26th, 2014
Brent crude oil rose on Monday and U.S. crude fell in light trading, as support from geopolitical tensions in Ukraine and Libya countered ample supplies and anticipated weak demand after a slew of disappointing economic data from the United ...
