Brent oil declines as Saudi-Russia deal falls short of a freeze

2016-09-06 13:45

Brent oil has dropped after a pledge by Russia and Saudi Arabia to cooperate to stabilize the market failed to include any specific measures to bolster prices.

Brent swings near $40 as falling US rings counter Iran output

2016-03-14 08:21

Brent crude has swung between gains and losses near $40 a barrel as a dwindling rig count in the US countered Iran’s plans to expand production.

Brent extends drop from 12-year low

2016-01-21 12:22

Brent oil has extended its decline from the lowest close in more than 12 years as rising U.S. crude stockpiles added to a swelling global glut.

US oil prices rise, edge above Brent

2015-12-23 07:21

US oil prices have edged up as the American oil benchmark finished above its European counterpart only days after the US lifted an oil-export ban.

Brent back under $60

2015-03-09 10:01

Brent crude has fallen towards $59 a barrel as a promising US jobs report pushed the dollar up, offsetting the threat of output cuts in Libya and Iraq.

Brent crude steady below $60 a barrel

2014-12-19 11:25

Brent crude has held below $60 a barrel, near a five-and-a-half year low as a global oversupply of oil showed little sign of receding.

Brent drops after Goldman cuts price forecasts

2014-10-27 10:33

Brent crude futures have fallen below $86 a barrel after Goldman Sachs cut its price forecasts for the contract and for US oil in the first quarter of next year.

Brent climbs after China PMI tops forecast

2014-09-23 10:43

Brent crude has risen above $97 a barrel after a survey showed China's factory activity unexpectedly picked up in September, helping brighten demand outlook.

Brent crude hits one-year low on weak demand

2014-08-13 14:15

Brent North Sea crude oil has dropped to a one-year low point as weak demand expectations help offset potential supply disruptions caused by the Ukraine crisis.

Brent steady on geopolitical tension

2014-08-05 10:30

Brent has held steady despite ample crude supplies, having been supported by tension in the Middle East and North Africa.


Brent oil extends drop, Iran spurns production freeze

2016-03-15 09:22

Brent has dropped for a second day as Russia signaled Iran won’t join major producers in freezing output to manage a global glut.

Brent oil pares losses on Russia output talks

2016-02-22 09:17

Brent oil has risen as Russia said talks on an output freeze will be done by March, while Nigeria said some countries should have production capped at higher levels.

Brent Crude dips to 11-yr low before US oil stockpile data

2016-01-06 12:02

Brent crude dropped to an 11-year low before weekly US government data forecast to show fuel supplies rose in the world’s biggest consuming nation.

Brent pares gains as oil glut returns

2015-08-14 12:47

Brent crude prices have pared gains as the market weighed a burst of optimistic news on demand against the global overhang of physical oil.

Brent turns lower as supply glut fears prevail

2015-01-02 10:25

Brent crude futures have retreated from early highs above $58 and fallen towards $57 a barrel, as an abundance of oil erased earlier support.

Kuwait urges non-Opec cooperation

2014-12-01 08:40

Kuwait has urged non-Opec crude producers to cooperate to help stabilise the oil market and prevent sharp fluctuations in prices, according to a news agency.

Brent at four-year low on global economy fears

2014-10-10 09:16

Crude prices have tumbled, with Brent hitting a four-year low on concerns about the global economy while the IMF warned the eurozone may slip back into recession.

Brent heads for six-week low

2014-09-12 09:55

Brent crude has held above $98 a barrel, heading for its worst week in six as concerns over weak demand outweighed geopolitical worries.

Brent up on US nod for Iraq air strikes

2014-08-08 10:22

Oil prices on both sides of the Atlantic have risen over $1, with Brent close to $107 a barrel after the US approved air strikes against Islamic militants in Iraq.

Brent dips as ample supplies weigh

2014-07-29 11:03

Oil prices have slipped for a second session as ample supply offset geopolitical tensions in the Middle East, Africa and Europe.

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