Crude oil prices drop towards $37 as weak outlook prevails
Crude oil futures slipped towards $37 per barrel on Wednesday as the market remained under pressure due to slowing…
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Oil prices remain weak as slowing demand adds to high output
Crude oil prices remained under pressure on Tuesday as fears of slowing demand added to worries over near-record…
Oil falls to $37, near 11-year low, as excess supply weighs
Oil fell close to $37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that…
Saudi Arabia set to announce 2016 budget amid oil plunge
Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce cuts in capital…
Brent crude oil claws back tiny premium over U.S. futures, but both fall
Brent crude oil futures regained a slight premium over their U.S. equivalents on Monday but both benchmarks fell as…
Asia stocks dip, Japan bucks trend on oil bounce, dollar wobbles
Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese…
Egypt struggles to pay for oil, LNG supplies amid foreign currency crisis
Egypt is struggling to pay for U.S. dollar-priced oil product and liquefied natural gas (LNG) imports,…
Asian shares hit 2-1/2-week highs, crude rebounds
An index of Asian shares climbed to 2-1/2-week highs on Thursday, heartened by gains on Wall Street and a recovery…
Oil traders recall 2008 holiday bounce, but see no gift for bulls
At the tail end of 2008, the last time oil prices traded at $35 a barrel, some vacationing oil traders missed out…
Asian stocks near two-week highs, oil tries to rally
Asia shares pushed ahead on Wednesday following a rally on Wall Street, while major currencies entered a holiday…