Oil slumps 6% ahead on expected U.S. crude build, slowdown fear
Oil prices dropped nearly 6 percent Tuesday as equity markets remained weak and forecasts of swelling record high…
Browsing Tag
Brent Crude
Brent drops to another 12-year low as Iran supply looms
Brent crude dropped to a new 12-year low Thursday as the prospect of more oil supplies from Iran loomed, amid gloom…
Oil prices weak as demand seen sagging toward year-end
Crude oil prices remained weak on Monday as a slowing demand outlook implied oversupply will remain in place for…
Gulf stocks languish, Qatar’s Nakilat gains on foreign limit
Gulf stocks lacked direction in thin trading Tuesday, with a weak oil backdrop making investors shy of increasing…
Oil prices nudge up on short-covering; glut, econ concerns persist
Oil prices rebounded on Tuesday as traders covered short positions after prices fell at least 3 percent in the…
Oil drops on U.S. stockpile build, global glut
Crude oil futures extended their losses on Thursday after notching up declines every day so far this week, hit by…
Crude oil treads water as oversupply, China economy concerns persist
Crude oil futures traded largely unchanged on Wednesday after falling by just over one percent in the previous…
Oil up on bargain-hunting, but gains capped by stockpile forecast
Crude oil futures edged up on light bargain hunting on Tuesday, after U.S. and Brent crude tumbled in the previous…
Oil rebounds, shrugging off U.S. stockpile build
Crude oil futures rose in Asian trade on Thursday, shrugging off a surprise build in U.S. inventories as some…
Oil up as Russia ready to talk with producers, U.S. rig count drops
Crude oil futures rose on Monday after Russia said it was ready to meet other producers to discuss the situation in…
