Oil prices dropped by around 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude increased more than 8 percent in the previous session.
read more... 01/09/2015
Crude oil futures increased on Friday, adding to their major one-day rally in over six years the day before, due to recovering equity markets and news of reduced crude supplies.
read more... 28/08/2015
Brent crude rose by over $1 a barrel on Thursday on an unpredicted drop in U.S. crude inventories and a rally in global equity markets, but a stronger dollar reduced gains.
read more... 27/08/2015
Crude oil futures increased on Wednesday, but were still close to 6-1/2 year lows after China's central bank moved to support the country's stumbling economy, while worries about a supply overabundance reduced gains.
read more... 26/08/2015
Crude oil markets recovered more than a percent on Tuesday after a sharp decline in the previous session, even though prices maintained near 6-1/2-year lows since persistent weakness in Chinese equities generated worries of an economic fall in the region.
read more... 25/08/2015