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Tag: oil drops
Oil drops to around $62 on increased production in Libya
2015-03-02 01:00:00| Offshore Technology
The price of Brent crude oil dropped more than 1% on Monday to around $62 a barrel due to a stronger US dollar and an increase in crude production from Libya.
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Oil drops towards $58 on oversupply
2015-02-24 01:00:00| Offshore Technology
The price of Brent crude oil declined towards $58 a barrel today as industry data is anticipated to reveal excess in US inventories because of ample supply.
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oil drops
Oil drops below $60 amid US oversupply concerns
2015-02-23 01:00:00| Offshore Technology
The price of Brent crude oil prices has dropped below $60 a barrel due to concerns about oversupply in North America.
Oil drops towards $60 on record US crude stocks
2015-02-20 01:00:00| Offshore Technology
The price of Brent crude oil fell towards $60 a barrel on Friday after US Government data showed crude stocks hit a record high last week.
Oil drops on rise of US crude inventories
2015-02-19 01:00:00| Offshore Technology
The price of Brent crude oil dropped below $60 a barrel today after an increase in US crude inventories.
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