Oil falls below $45 per barrel, inches closer to 6-year low

Last Updated: Friday, August 7, 2015, 01:41

Oil prices fell again Thursday in a glum market as the global oversupply of crude oil looked entrenched and demand prospects weak.

Oil hits multi-month lows on US gasoline build worries

Last Updated: Thursday, August 6, 2015, 01:16

Oil prices hit multi-month lows on Wednesday after a surge in gasoline stockpiles in the United States as the summer season, the country`s biggest demand period for motor fuels, neared its end.

Oil prices rebound ahead of US energy, employment data

Last Updated: Wednesday, August 5, 2015, 01:33

Oil prices rose modestly Tuesday, snapping a three-day skid as traders awaited key data on US petroleum supplies and employment levels.

Oil dives 5% to six-month low under $50 on China worry

Last Updated: Tuesday, August 4, 2015, 04:47

Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout.

Oil suffers second day of steep sell-offs

Last Updated: Tuesday, August 4, 2015, 02:01

Oil prices dived Monday, with Brent crude tumbling about five percent, after new data showed weakening US and Chinese manufacturing and amid worries about the global supply glut.

Oil hits four-month low on China stocks tumble, supply worries

Last Updated: Tuesday, July 28, 2015, 00:11

Crude oil futures hit four-month lows on Monday after a steep drop in China`s stock markets spread concerns about the economic health of the world`s biggest energy consumer, amid evidence of a growing crude glut.

Oil falls to lowest close since March, down a fourth week

Last Updated: Saturday, July 25, 2015, 09:19

Brent and US crude futures settled on Friday at their lowest since March and posted their fourth straight weekly decline as weak economic data from China and a rise in U.S. oil drilling rigs applied pressure.

Oil prices fall as Iran, global powers reach nuclear deal

Last Updated: Tuesday, July 14, 2015, 12:03

Oil prices tumbled on Tuesday as Iran and six global powers reached a nuclear deal that could see an easing of sanctions against Tehran and a gradual increase in its oil exports just as Asian economies showed further signs of weakness.

Oil prices drop on rising US rig count, China stock market probe

Last Updated: Friday, July 3, 2015, 12:14

Oil prices dropped on Friday as a rising U.S. rig count stoked fears of oversupply and after Chinese regulators opened an investigation into suspected stock market manipulation.

Oil slides after big US gasoline build offsets crude draw

Last Updated: Thursday, June 25, 2015, 02:32

Crude oil futures settled down more than 1 percent on Wednesday after a government report showing an eighth straight weekly drop in US crude stockpiles was offset by a large build in refined products.

Oil down 2% on Greek worries, weaker products markets

Last Updated: Saturday, June 20, 2015, 09:19

Crude oil fell about 2 percent on Friday, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market.