Oil hits 2015 high on Yemen worry; US gasoline at November peaks

Last Updated: Friday, April 24, 2015, 09:28

Crude oil prices settled up 3 percent on Thursday, hitting 2015 highs, while U.S. gasoline reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies.

Oil prices down in Asian trade

Last Updated: Wednesday, April 22, 2015, 09:34

Oil prices fell in Asia today after a Saudi-led coalition declared an end to four weeks of air strikes in Yemen and ahead of a key US supply report.

Oil falls from 2015 peaks, Brent jumps 9.6% on the week

Last Updated: Saturday, April 18, 2015, 02:43

Crude futures fell from 2015 peaks in choppy trading on Friday, but Brent`s 9.6 percent weekly gain was its biggest in more than five years as Middle East turmoil and signs of lower U.S. production lifted prices.

Brent nudges up to near $57, set for weekly gain

Last Updated: Friday, April 10, 2015, 13:03

Brent crude edged up on Friday, supported by strong economic data from Germany that lifted the oil demand outlook and as worries about a quick return of Iranian supplies eased.

Oil prices edge back from 6% fall, but outlook weak

Last Updated: Thursday, April 9, 2015, 09:19

Oil prices rose in early trading on Thursday, clawing back a part of the 6 percent slump in the previous session after a shock jump in U.S. crude inventories and record Saudi output, although analysts said sentiment remained bearish.

Oil rallies on US data, bullish EIA monthly report

Last Updated: Wednesday, April 8, 2015, 08:49

Oil futures rallied on Tuesday and U.S. crude approached 2015 highs on strong jobs data and government forecasts for lower U.S. crude production growth and higher global demand for oil.

Oil up more than $1 after Saudi's Asia price hike

Last Updated: Monday, April 6, 2015, 12:38

Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised prices for crude sales to Asia for a second month, signalling better demand in the region.

Oil prices dip as Iran nuclear deadline approaches

Last Updated: Tuesday, March 31, 2015, 23:42

Oil sank on Tuesday as dealers tracked last-ditch efforts between global powers and Iran to reach a deal on Tehran's nuclear programme and ease sanctions imposed on the key crude producer.

Oil drops to $55 as Iran nuclear talks intensify

Last Updated: Tuesday, March 31, 2015, 19:18

Brent crude oil dropped towards $55 a barrel on Tuesday as Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports to world markets.

Oil up 5% after Saudi strikes in Yemen; dollar limits gains

Last Updated: Friday, March 27, 2015, 08:52

Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies.

Oil prices diverge before US energy report

Last Updated: Wednesday, March 25, 2015, 18:51

Oil traded mixed Wednesday before the release of US stockpiles data, a closely watched barometer of demand in the world`s biggest consumer of the commodity, analysts said.

Oil prices dip as US stock-build drags, China strategic reserves fill

Last Updated: Wednesday, March 25, 2015, 13:18

Crude oil futures fell on Wednesday, pressured by ballooning U.S. storage volumes and more evidence that China`s strategic reserves could nearly be full.