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Oil drops below $62 ahead of US stocks data

2015-02-18 01:00:00| Offshore Technology

The price of Brent crude oil fell below $62 a barrel on Wednesday after gaining more than 1% in the earlier session.

Tags: us data oil ahead

 

Oil drops below $56 on increase in US crude stocks

2015-02-11 01:00:00| Offshore Technology

The price of Brent crude oil dropped below $56 a barrel on Wednesday after an increase in US crude stocks.

Tags: us increase oil stocks

 
 

Brent crude oil drops to $49 a barrel as dollar strengthens

2015-01-28 01:00:00| Offshore Technology

The price of Brent crude oil dropped to $49 a barrel today as the dollar strengthens and US crude inventories increase.

Tags: oil dollar drops crude

 

Oil drops near $48 ahead of expected bond buying programme announcement by ECB

2015-01-22 01:00:00| Offshore Technology

The price of Brent crude oil dropped towards $48 on Thursday ahead of an expected bond buying programme announcement by the European Central Bank (ECB) later today.

Tags: expected oil buying programme

 

Oil Drops Below $45; U.S. Stockpiles May Speed Price Collapse

2015-01-13 05:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Oil extended losses to below $45 a barrel amid speculation that U.S. stockpiles will increase, exacerbating a global supply glut that's driven prices to the lowest in more than 5 1/2 years. Futures fell as much as 4.1 percent in New York, declining for a third day. Crude inventories probably gained by 1.5 million barrels last week, a Bloomberg News survey showed before government data tomorrow. The United Arab Emirates, a member of the Organization of Petroleum Exporting Countries, will continue...

Tags: price speed oil collapse

 

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