Global supply

Oil falls as dark clouds appear ahead of producer meeting

 Oil fell on Thursday as the International Energy Agency trimmed its forecast for demand growth and on signs that a producers` meeting this weekend will not yield a concrete plan to reduce oversupply.

Apr 14, 2016, 15:28 PM IST

Brent extends losses below $83 on weak China data, supply glut

Brent crude dropped further below $83 a barrel on Wednesday, stretching losses into a fifth session, as weak economic data from top energy consumer China stoked worries about demand in a market that is already battling a deepening global supply glut.

Nov 05, 2014, 14:03 PM IST