Oil prices fall on oversupply concerns, weaker dollar support

Last Updated: Wednesday, July 29, 2015, 11:13

Oil prices fell in Asian trade on Wednesday as concerns over global oversupply outweighed the impact of a likely larger than expected draw in U.S. crude stocks and a weakening dollar.

Oil prices fall close to four-month lows on China, glut worries

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.

Oil prices fall close to four-month lows on China, glut worries

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.

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 down in Asia, hurt by Chinese factory slump

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.

Oil down in Asia, hurt by Chinese factory slump

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.

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 resume decline on supply glut worries

Last Updated: Wednesday, July 22, 2015, 09:58

Ahead of an official report, the industry-funded American Petroleum Institute (API) said stockpiles had increased by 2.3 million barrels last week.

Oil prices edge lower on stronger dollar, ample supply

Last Updated: Tuesday, July 21, 2015, 08:51

U.S. August crude , set to expire on Tuesday, fell 12 cents to 50.03 a barrel by 0054 GMT. The front-month contract fell below $50 a barrel on Monday for the first time since April.

Oil edges lower as Saudi crude exports fall, US cuts drill rigs

Last Updated: Monday, July 20, 2015, 09:37

Brent September crude was 12 cents lower at $56.98 a barrel by 0316 GMT. The benchmark had fallen nearly 3 percent last week and more than 10 percent for the month.

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.