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Oil declines below $50 a barrel due to increasing supply glut

2015-01-07 01:00:00| Offshore Technology

The price of Brent crude oil declined below $50 a barrel for the first time since May 2009 on Wednesday, due to an increasing supply glut.

Tags: due supply increasing oil

 

Brent crude declines below $52 a barrel amid growing global supplies

2015-01-06 01:00:00| Offshore Technology

The price of Brent crude declined below $52 a barrel today as excess global supply worries continue to grow.

Tags: global supplies growing crude

 
 

US oil falls below $50 a barrel

2015-01-05 17:52:46| BBC News | Business | UK Edition

The US oil price falls below $50 a barrel for the first time since April 2009 as investors continue to fear a global supply glut and weak demand.

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A Barrel of Fun: Portable Sauna is Good Fundraiser Too

2014-12-30 20:54:22| Country Lines Online

Its 18 degrees outside. Steam rises from a large hole cut in the middle of Millecoquin Lake. A mixed group of younger and older people are standing around looking like theyre getting ready to go to the beach, except their lips are quivering and their teeth chattering. Theyre getting ready to take the Polar Bear […]

Tags: good too fun portable

 

Oil increases above $62 a barrel

2014-12-22 01:00:00| Offshore Technology

The price of oil increased above $62 a barrel on Monday as analysts predict Brent to remain above $60 for the rest of this year.

Tags: oil increases barrel oil increases

 

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