Search Results for: Crude oil prices

Oil jumps to nearly $104 as Ukraine crisis spirals

July 18th, 2014 (0)
The price of oil continued to climb on Friday, reaching nearly $104 a barrel on concerns that the tensions over Ukraine and new sanctions against Russia could disrupt global supplies. Benchmark U.S. crude for August delivery was up 51 ...

Crude oil falls below $100 for first time since May

July 16th, 2014 (0)
The price of oil fell below $100 a barrel for the first time since May even as the deteriorating security situation in Libya has raised questions about whether the country can soon increase crude exports. Benchmark U.S. crude for ...

Oil halts slide on renewed turmoil in Libya

July 15th, 2014 (0)
The price of oil paused Tuesday after tumbling last week as a deteriorating security situation in Libya raised questions over the restoration of exports following an agreement between the government and a regional militia. Prices fell sharply last week ...

Brent Oil down near $107.50 on Renewed Supply Worries

July 14th, 2014 (0)
Brent oil bounced off of three-month lows on Monday to near $107 a barrel as the potential for renewed supply disruptions put a floor under prices that have been tumbling since the last week of June. Brent lost $2.01 ...

European Stocks Advance With Asia as Gold, Oil Retreat

July 14th, 2014 (0)
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...

Asian shares nudge higher, oil nurses losses

July 14th, 2014 (0)
Asian shares rose on Monday as euro zone banking jitters faded, but investors remained cautious ahead of corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve. MSCI’s broadest index of ...

World Sets New Oil Production and Consumption Records

July 11th, 2014 (0)
Last month BP (NYSE: BP) released the Statistical Review of World Energy 2014. This report is one of the most comprehensive sources of global and country level statistics on production and consumption of oil, natural gas, coal, nuclear power ...

West TX Oil Near $102 on Gasoline Supply

July 10th, 2014 (0)
West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world’s biggest oil user. Brent dropped in London. Futures declined as much ...

Brent Oil down at $109 on Easing Supply Fears

July 9th, 2014 (0)
Brent oil slid more than $1 a barrel on Tuesday, its seventh straight decline, with U.S. oil also falling as Libyan oil exports looked likely to rise, and fears eased over a supply disruption in Iraq. Brent has shed ...

Oil price slips as supply fear recede

July 8th, 2014 (0)
The price of oil slipped to near $103 a barrel Tuesday as concerns about possible supply disruptions continued to fade. Benchmark U.S. crude for August delivery was down 12 cents to $103.41 a barrel at 0450 GMT in electronic ...
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