Last Updated: Tuesday, September 15, 2015, 08:28
Crude prices fell on Monday with the onset of lower demand autumn trading and as weak economic data out of China and soft gasoline prices pressured the market.
Last Updated: Monday, September 14, 2015, 09:37
US crude futures were trading at $44.86 per barrel at 0215 GMT, up 23 cents from their last settlement, pushed by a slight fall in drilling activity.
Last Updated: Friday, September 11, 2015, 23:28
Crude futures fell on Friday after Wall Street`s most influential voice in oil trading, Goldman Sachs, slashed its price outlook through next year, citing oversupply and concerns about China`s economy.
Last Updated: Friday, September 11, 2015, 17:31
Goldman cut its 2015 Brent price forecast to $53.70 a barrel from $58.20, and said it saw 2016 Brent prices at $49.50, down from its earlier $62 forecast.
Last Updated: Friday, September 11, 2015, 08:49
The front-month October contract for Brent, the global oil benchmark, shed 5 cents to USD 48.84 a barrel after it settled up USD 1.31, or 2.8 percent, on Thursday at USD 48.89 a barrel.
Last Updated: Thursday, September 10, 2015, 17:43
China plans to launch a yuan- denominated international benchmark for crude oil futures this year aimed at the Asian market, an industry source said Thursday.
Last Updated: Thursday, September 10, 2015, 09:22
US benchmark West Texas Intermediate for October delivery fell 65 cents to USD 43.50 while Brent crude for October dropped 76 cents to USD 46.82 in late-morning trade.
Last Updated: Thursday, September 3, 2015, 10:09
US benchmark West Texas Intermediate for October delivery fell 45 cents to USD 45.80 while Brent crude for October slipped 38 cents to USD 50.12 in late-morning trade.
Last Updated: Monday, August 31, 2015, 23:18
The US government cut its estimate of domestic oil production on Monday, helping send crude prices sharply higher.
Last Updated: Monday, August 31, 2015, 14:32
International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months.
Last Updated: Monday, August 31, 2015, 11:05
US benchmark West Texas Intermediate for October delivery eased 79 cents to USD 44.43 while Brent crude for October fell USD 1.00 to USD 49.05 in late-morning trade.
Last Updated: Monday, August 31, 2015, 08:52
That came after Brent climbed 10 percent last week, while US crude finished the week up 12 percent.
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