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Daily: British wholesale natural gas prices slip on warmer temperatures, curbed demand

Brent crude dropped on Monday, falling below $86 a barrel as concerns about oversupply and weak demand dragged down worldwide oil benchmark back to last week’s four-year low. WTI crude hovered below $83 a barrel. Brent settled as low as $84.41, after having dropped 69 cents at $85.47 a barrel by 1945 GMT. U.S. crude declined 4 cents to close at $82.71 a barrel. The spread between Brent and U.S. crude extended at $3.39 a barrel.

read more... 21/10/2014

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Daily: Brent crude loses ground on concerns over global economy, supply

Brent stroke below $90 a barrel on Thursday for the first time since the summer 2012, dragged down by pessimistic outlook and increasing oil stockpiles curbed energy prices. Brent crude for front-month delivery decreased $1.33 to settle at $90.05, its weakest settlement since June 2012. WTI crude for November delivery closed at $85.81, its lowest level since December 2012, and continued to slip in post-settlement trading to $85.02.

read more... 10/10/2014

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Daily: World crude oil prices decline on pessimistic economic and demand growth forecasts

Worldwide crude oil prices plunged on Tuesday to settle at their weakest in more than two years, dragged down by pessimistic economic and demand growth forecasts. Brent crude for November delivery dipped by 68 cents to settle at $92.11 a barrel. Brent slipped to a contract low of $91.25 on Monday before recovering in late trading. WTI crude for November delivery declined by $1.49 to $88.85, then fell further in late trade.

read more... 08/10/2014

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Daily: World crude oil prolong months-long string of declines on U.S dollar appreciation

World crude oil prolonged months-long run of declines on Friday, with Brent hitting a new 27-month low as the dollar appreciated following optimistic U.S. employment data and further signs of robust oil supply. Brent crude for November delivery fell $1.11 to settle at $92.31, after earlier touching $91.48 a barrel, its weakest level since June 2012. WTI November crude dropped by $1.27 to settle at $89.74 a barrel.

read more... 06/10/2014

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Daily: World crude oil prices plummet to two-year lows, slashing quarterly loss

Crude oil prices tumbled on both sides of Atlantic, touching the lowest level in more than two years on Tuesday, with WTI crude recording its largest daily drop since 2012, as a decline in gasoline prices and end-of-quarter selling reduced three months of losses. Brent crude for November delivery plummeted $2.53 to settle at $94.67 a barrel, posting a 16 percent loss for the quarter. U.S. crude decreased by $3.41 to close at $91.16 a barrel, its biggest one-day loss since November 2012.

read more... 01/10/2014

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