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Tag: prices drop
Oil prices drop on China's weak manufacturing data
2013-07-01 01:00:00| Offshore Technology
Oil prices slipped today after China published weak factory data, which reinforced worries about slower growth in the world's second-largest economy, thereby lowering the outlook for oil demand.
Today's oil prices drop on demand worries; weak dollar caps fall
2013-06-13 01:00:00| Offshore Technology
Oil prices declined today due to concerns about demand, as gasoline stocks in the US have increased even in the ongoing summer driving season, while a weak dollar helped to cap any further fall.
Today's oil prices drop on increasing supply, slowdown in China
2013-06-11 01:00:00| Offshore Technology
Oil prices declined today after the US announced its shale oil reserves have nearly doubled, while prices also came under pressure due to the possibility of a slowdown in Chinese demand.
Tags: china
prices
supply
increasing
Todays oil prices gain on drop in dollar, US economic stimulus hopes
2013-06-07 01:00:00| Offshore Technology
Oil prices increased today, driven by a drop in the dollar and on hopes that the US Federal Reserve's economic stimulus will be ongoing.
Tags: prices
gain
economic
oil
Today's oil prices jump on Federal stimulus doubts, drop in US stockpiles
2013-06-06 01:00:00| Offshore Technology
Oil prices steadied today as concerns that the US Federal Reserve might retract from its stimulus programme balanced the optimism rising from a surprise fall in oil stockpiles in the world's top consumer.
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