Oil rebounds but still near 6-1/2-year lows

Last Updated: Tuesday, August 25, 2015, 22:29

Futures of U.S. crude and Brent, the global oil benchmark, are both down more than 16 percent on the month.

Oil rallies but still near 6-1/2-year lows

Last Updated: Tuesday, August 25, 2015, 16:52

European share markets recovered on Tuesday but Chinese stock markets closed down more than 7 percent, with panic selling intensifying after the Shanghai Composite Index crashed through key support at 3,000 points.

Brent and US oil mark fresh 6-1/2-year lows on China and oversupply

Last Updated: Monday, August 24, 2015, 08:09

US October crude also had dropped 60 cents to $39.85 a barrel, after hitting $39.71 a barrel or the lowest since $39.44 in March of 2009.

Oil dives below $40 per barrel, logs longest weekly losing streak in 29 years

Last Updated: Friday, August 21, 2015, 21:59

US crude oil prices on Friday dove below USD 40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years.

Five key reasons behind falling oil prices

Last Updated: Thursday, August 20, 2015, 10:59

Here are the 5 key reasons of oil price decline.

Oil price hits 6.5-year low, approaches key $40 level

Last Updated: Thursday, August 20, 2015, 10:03

Oil prices slid to a fresh six and a half year low in Asia Thursday, approaching the key USD 40 a barrel level after a surprise rise in US inventories added to concerns of a supply glut.

Oil prices fall ahead of US stocks data

Last Updated: Wednesday, August 19, 2015, 09:22

US benchmark West Texas Intermediate for September delivery fell 17 cents to USD 42.45 a barrel and Brent crude for October dipped 23 cents to USD 48.58 a barrel in late-morning Asian trade.

Oil prices fall again as US and Asian demand looks to weaken

Last Updated: Tuesday, August 18, 2015, 08:40

Both crude oil benchmarks are now almost a third below their last peak from May, and analysts say more falls could lie ahead.

Oil prices slide further in Asia

Last Updated: Monday, August 17, 2015, 09:07

Oil prices resumed their decline in Asia on Monday as a global glut of crude supplies showed no signs of abating in the face of sluggish demand, analysts said.

Oil prices fall further on oversupply fears

Last Updated: Monday, August 10, 2015, 10:45

US benchmark West Texas Intermediate (WTI) for September delivery was at USD 43.57, down from USD 43.87 on Friday in New York - its lowest close since March 17.