Oil prices down in Asian trade

2014-10-30 07:38

Oil prices have edged lower in Asia but losses were capped on a surprisingly upbeat assessment of the US economy by the Federal Reserve, analysts said.

Oil extends losses over weak price outlook

2014-10-28 07:30

Oil has moved lower in Asian trade after Goldman Sachs slashed its price forecasts for the next two years owing to a global supply glut.

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.

Kuwait plays down row over shared oilfield

2014-10-27 09:50

Kuwait has played down a row with Saudi Arabia over its decision to halt production at an offshore oilfield jointly operated by the two Gulf neighbours.

Oil resumes slide in Asian trade

2014-10-24 07:42

Oil prices have resumed their slide in Asian trade following a sharp rebound the day before as investors wait for more signs of economic growth in Europe.

Oil prices down in Asia

2014-10-23 07:24

Oil prices have tanked further in Asian trade as a crude supply glut overshadowed news that China's key manufacturing sector picked up slightly, analysts said.

Oil prices rise on Chinese data

2014-10-21 14:15

Oil prices have increased as caution returned after a weak rally spurred by upbeat industrial production data from China, analysts say.

Gold steady near one-month high

2014-10-21 09:23

Gold has clung to overnight gains to trade near a one-month high as worries persisted over a slowdown in the global economy after China's growth eased.

Oil prices dip after brief recovery

2014-10-20 14:19

Oil prices have fallen after a brief rebound, with the market weighed down by weak demand growth in an oversupplied market.

Gold edges up towards one-month high

2014-10-20 10:02

Gold edged has up towards a one-month high, recovering from earlier losses, as concerns about a slowdown in the global economy persisted despite strong US data.

Oil market claws back some losses

2014-10-17 19:08

World oil prices have rebounded on bargain-buying, a day after the US benchmark fell below $80 for the first time in more than two years.

Oil rebound extends in Asia

2014-10-17 07:29

Oil prices have extended a minor rally on bargain-buying after the US benchmark fell below $80 for the first time in more than two years.

Brent steadies above $85 after big fall

2014-10-16 10:05

Brent crude has edged higher holding above $85 a barrel after its biggest daily fall in three years in the previous session.

Zuma outlines ambitious oil exploration plans

2014-10-15 16:11

President Jacob Zuma has outlined ambitious plans for oil and gas exploration in coastal waters.

Oil prices reach new depths on oversupply

2014-10-15 14:30

Oil prices have reached new multi-year low points due to a supply glut and weak global demand, analysts say.

Oil prices see small rebound in Asia

2014-10-15 07:25

Oil has staged a minor rebound on bargain-buying in Asian trade following sharp falls that have seen prices hit multi-year lows due to weak global demand.

Oil drops close to $88 as supply grows

2014-10-14 09:50

Brent crude has fallen to just above $88 a barrel on in a well-supplied market as expectations faded that Opec may cut output in an effort to shore up prices.

Oil prices hit new lows in Asia

2014-10-14 07:41

Oil prices have fallen to multi-year lows in Asian trade, with analysts blaming supply glut concerns and the effects of weaker demand from Europe and China.

Gold climbs on safe-haven bids

2014-10-13 10:46

Gold prices have jumped sharply as worries over the global economic outlook sent investors scuttling towards safe-haven bullion.

Oil prices eke out gains after big losses

2014-10-12 11:48

Oil prices have closed slightly higher, crawling out of deep session losses in a market gripped by worries about weakening global demand and a supply glut.

Oil prices extend losses on demand fears

2014-10-10 07:40

Oil prices have sunk to more than two-year lows as weak German data underscores concerns over a global economic slowdown and its impact on energy demand.

Oil prices nudge lower

2014-10-09 14:29

Oil prices have drifted lower, but held off recent lows as traders eyed the weaker dollar and awaited the latest economic data from top crude consumer the United States.

Oil extends losses as IMF cuts forecasts

2014-10-08 07:26

Oil prices have fallen further in Asian trade on demand concerns after the International Monetary Fund lowered its global economic growth forecasts.

Oil prices down in Asian trade

2014-10-07 07:28

Oil prices have fallen in Asian trade, but analysts say losses were capped by a weakening dollar while dealers await fresh trading cues.

Bullion sinks to lowest in 15 months

2014-10-06 12:23

Gold has tumbled to its lowest level in around 15 months after better-than-expected US jobs data boosted the dollar, dampening safe-haven appetite for bullion.


Oil prices up ahead of Fed outcome

2014-10-29 07:23

Oil prices have risen in Asia as dealers await the outcome of a US Federal Reserve meeting and the latest US supply report.

Oil prices fall on high supplies

2014-10-27 14:35

Oil prices have fallen as markets foresee the world's biggest producers maintaining supplies despite a supply glut, say analysts.

Gold struggles as safe-haven appeal fades

2014-10-27 10:14

Gold has steadied but failed to make any recovery from three straight days of losses, as stronger global data and higher equities curbed its safe-haven appeal.

Oil mixed in Asian trade

2014-10-27 07:30

Oil has been mixed in Asian trade but remained subdued with no signs the world's key crude producers will cut output in the face of a supply glut, analysts say.

Oil prices stage modest rebound

2014-10-23 13:19

World oil prices have rebounded slightly after sharp losses the previous day sparked by surging crude stockpiles in the United States.

Oil prices dip in Asia after recent gains

2014-10-22 07:30

Oil prices have slipped after a recent upturn in line with a global equities rebound, while investors will be keeping an eye on the Fed's next policy meeting.

Brent extends gains at above $85

2014-10-21 09:29

Brent has edged up, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by lingering fears of a weak global economy.

Oil prices up on China industrial data

2014-10-21 07:37

Oil prices have risen in Asian trade, buoyed by strong industrial production data from China, the world's top energy consuming nation, analysts said.

Kuwait slams Saudi's halt to joint output

2014-10-20 11:04

A Kuwaiti oil trade union has condemned the unilateral closure by Saudi Arabia of an offshore oilfield jointly operated by the Arab neighbours.

Oil prices extend gains in Asia

2014-10-20 07:35

Oil prices have risen in Asia, lifted by a surge in equities after last week's sharp gains on Wall Street, but prices remain tilted due weak demand.

Oil market rebounds

2014-10-17 14:51

World oil prices have rebounded on bargain-buying, a day after the US benchmark had fallen below $80 for the first time in more than two years.

Flight to safety boosts gold

2014-10-16 10:54

Gold has retained sharp overnight gains to trade near its highest in over a month, with investors seeking safety amid fears over a slump in the global economy.

Oil prices tumble in Asia

2014-10-16 07:00

Oil prices have resumed their downward spiral in Asian trade following another massive selloff in equities on global economic concerns.

Oil market proves mightier than Opec

2014-10-15 15:45

There is nothing surprising about the fall in oil prices, except perhaps the timing, says John Kemp, Reuters' commodities and energy columnist.

US bid for oil supremacy shakes crude market

2014-10-15 12:11

Propelled by surging shale output, the US is fighting for supremacy in the global oil market even as a pullback in crude prices threatens to challenge the boom.

End of super commodity cycle could bruise SA

2014-10-14 20:00

Most forecasters are indicating lower commodity prices in general, creating an inverse of the super commodity cycle of the last 15 years, warns an expert.

Gold holds near four-week high

2014-10-14 09:23

Gold has retained overnight gains to trade near its highest in four weeks as investor appetite for riskier assets eased amid global growth worries.

Oil heads for 4-year low

2014-10-13 12:08

Brent crude oil has fallen to its lowest in almost four years, after producers had signalled they would keep output high even if that meant lower prices.

Oil prices down in Asian trade

2014-10-13 07:57

Oil prices have fallen in Asian trade on growing concerns about demand as equities tumble on global growth woes and supplies increase.

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 oil slumps under $90

2014-10-09 19:47

Brent oil prices have tumbled to a two-year low under $90 per barrel as gloomy German economic news sparked fresh demand concerns.

Oil prices extend losses

2014-10-07 13:56

Oil prices have fallen further, weighed down by abundant supplies of crude according to analysts.

Oil prices rebound from heavy falls

2014-10-06 13:40

Crude oil prices have rebounded following last week's heavy falls which sent Brent tumbling to two-year lows against a backdrop of weak demand growth.

Oil prices slip, dollar stronger

2014-10-06 07:31

Crude prices have slipped to multi-year lows owing to a build-up in supplies while the dollar has rallied in response to a strong US jobs report.

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