Crude oil prices plunged on Friday with European Brent sinking below $111 a barrel on expectations of stronger exports from Libya and more U.S. crude soon finding its way to refiners, but losses were capped by optimistic economic data showing a higher demand outlook.
read more... 07/07/2014
Brent crude oil futures dropped below $103 a barrel on Thursday following persistent concerns that the U.S. Federal Reserve will roll back its stimulus, while an unexpected drop in U.S. crude stockpiles helped to curb the slide. Meanwhile, Brent eased 9 cents to $102.95 a barrel by 03:44 GMT, slipping for a second consecutive day. U.S. oil rose 10 cents to $93.84, after ending 43 cents higher.
read more... 07/06/2013
Brent crude oil futures dropped below $102 a barrel on Tuesday following weak U.S. manufacturing data from the previous day which intensified worries about demand growth in the world’s biggest oil consumer. Meanwhile, Brent crude for July delivery shed 18 cents to $101.88 a barrel by 10:29 GMT, after settling $1.67 higher in the previous session. In the same time, U.S. oil dropped 42 cents at $93.03 on Tuesday.
read more... 05/06/2013
Crude oil futures increased on Tuesday, recovering from losses in the two last sessions, as high manufacturing growth in the United States and China improved the oil demand outlook and outweighed concerns over the euro zone debt crisis.
read more... 02/05/2012
Oil Worldwide - Brent crude oil futures fell strongly in volatile trading as fresh concerns about the euro zone added to the economic obscurity pushed prices down 6.9% last week. Fresh strikes emerged in Greece in protest against new budget austerity steps. U.S. stocks had a bleeding week, the Dow Jones falling 6.4%.
read more... 26/09/2011