Crude-oil futures lost ground in early London trade, with ICE Brent again taking the greater hit and further narrowing the price gap between the world's two key crude contracts.
(2 months and 4 days ago)
Crude oil rebounds from a 2013 low in choppy trade on Monday, as production outages in Libya stoke supply fears, while a stronger dollar and Chinese data add pressure.
(2 months and 18 days ago)
U.S. crude held above $96.50 a barrel on Thursday, underpinned by the spread against Brent which narrowed sharply in the prior session.
(12 days ago)
Brent crude oil neared $110 on Thursday morning despite a strong dollar and traded at $109.87 at 10:48 GMT. Optimism about demand growth in the US lent support to Brent prices after the nation's oil inventories unexpectedly dropped. CNBC reported that refinery utilization rate increased in the US, so the falling inventories suggests that there is a renewed demand.
(1 month and 22 days ago)
Prices of North Sea Brent crude and U.S. WTI crude moved further apart, as poor macroeconomic data continued to pull against the promise of further monetary stimulus.
(5 days ago)
Crude-oil futures fell again in London as continuing cautious trade pushed the price of a barrel of benchmark Brent below $100 for the first time in nine months.
(1 month and 4 days ago)
Brent crude oil began the week trading steadily below $118 as geopolitical tension and an overall positive sentiment regarding the global economy supported prices. The commodity traded at $117.89 at 8:45 GMT on Monday morning. Data last week put pressure on Brent prices after eurozone nations posted large drops in GDP, indicating the region still had a long way to go toward...
(3 months and 1 day ago)
U.S. oil exports are poised to reach the highest level in 28 years as deliveries to Canada more than triple, helping bring down the price of the global benchmark Brent crude relative to U.S. grades.
(7 days ago)
Crude-oil futures were again trading lower, although there has been no sustained fall after Brent settled below $100 a barrel for the first time since July 2012.
(1 month and 3 days ago)
Brent crude oil eased to under $110 a barrel after Chinese manufacturing data missed market expectations.
(1 month and 18 days ago)
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