Oil prices rebounded slightly from big falls in recent sessions, but Brent crude remained near seven-month lows around $60 a barrel due to escalating trade tensions between China and the US.
Wed, 07 Aug, 2019
Oil soared more than 5% higher yesterday after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington.
Fri, 21 Jun, 2019
Oil slipped from a three-month high to trade near $40 a barrel in New York, paring a fifth consecutive weekly gain.
Sat, 19 Mar, 2016
Oil is poised for the lowest quarterly average price since the start of 2009 as industry data showed US crude stockpiles increased and Opec’s second-largest producer boosted output.
Thu, 01 Oct, 2015
Brent crude oil traded below $60 a barrel yesterday, near five-and-a-half-year lows, as major oil producers signalled that they would maintain output despite a supply glut and faltering demand in Russia and Europe.
Thu, 18 Dec, 2014
Speculators could soon be hoarding crude oil in supertankers off the coast of Ireland and other European countries if prompt oil prices keep falling, shipping and oil executives say.
Tue, 26 Jun, 2012
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