Oil prices dip in Asia as oversupply worries return
Oil prices turned lower again in Asia on Wednesday after data indicated a rise in US stockpiles, reigniting concerns about a supply glut, while profit-takers stepped in after the previous day's surge.
Jul 13, 2016, 10:40 AM IST
Oil prices sink on US energy report
In London late afternoon trade, Brent North Sea crude for December slid USD 1.59 to stand at USD 48.95 per barrel.
Nov 05, 2015, 05:17 AM IST
Oil prices resume decline on supply glut concerns
Oil prices resumed their decline Wednesday following a US report showing that stockpiles surged last week, with analysts warning of further weakness ahead.
Jul 22, 2015, 21:38 PM IST
Brent crude slips towards $66 on Saudi plan to halt Yemen bombing
Brent crude oil futures slipped by 8 cents to $66.37 a barrel by 0215 GMT, after touching a 2015 high of $67.10 on Monday.
May 05, 2015, 10:13 AM IST
Oil rebounds above $56 as weaker dollar overshadows China slowdown
Brent crude reversed early losses to rise above $56 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.
Mar 24, 2015, 18:21 PM IST
Oil tumbles; US crude prices near 6-year low on record stockpiles
Oil slumped on Wednesday, with U.S. crude prices at near six-year lows, after the government reported record-high inventories in the United States that raised anxieties about the global oil glut that had pressured the market since last summer.
Jan 29, 2015, 02:17 AM IST
Oil drops below $61 on supply glut, strong dollar
Brent oil fell by more than $1 towards $60 per barrel on Wednesday, weighed down by strong supply in the United States and a rising dollar.
Dec 24, 2014, 18:36 PM IST
