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.
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.
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.
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.
Last Updated: Monday, August 3, 2015, 08:27
US benchmark West Texas Intermediate for September fell 36 cents to $46.76 while Brent crude for September eased 42 cents to $51.79 in morning trade.
Last Updated: Friday, July 31, 2015, 09:20
US benchmark West Texas Intermediate for September delivery fell 36 cents to $48.16 and Brent crude for September shed 29 cents to $53.02 a barrel in late-morning trade.
Last Updated: Thursday, July 30, 2015, 10:33
US benchmark West Texas Intermediate (WTI) for September delivery was up 13 cents at USD 48.92 and Brent crude gained 32 cents to USD 53.70 a barrel in late-morning trade.
Last Updated: Tuesday, July 28, 2015, 08:43
Both the dollar and euro held steady in early Asian trade after the dollar index slipped 0.7 percent in the previous session. The euro surged to a two-week high overnight, which had helped to support oil prices.
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.
Last Updated: Monday, July 27, 2015, 09:17
A strong dollar and signs of increasing US oil production added pressure on oil prices, which have already been depressed by a global crude oversupply, analysts said.
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