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Oil increases above $62 a barrel as more energy companies cut investments

2014-12-18 01:00:00| Offshore Technology

The price of Brent crude oil increased 2% to above $62 a barrel on Thursday as more energy companies cut investments worldwide.

Tags: companies energy cut oil

 

Oil trades below $60 a barrel

2014-12-17 01:00:00| Offshore Technology

Brent crude oil has traded below $60 a barrel because of a supply glut, which has dragged down prices.

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Brent price picks up to $62.35 a barrel

2014-12-15 01:00:00| Offshore Technology

The price of Brent has fluctuated, with it first dropping to a low in five-and-a-half years and then edging up to $62.35 a barrel on Monday.

Tags: price picks brent barrel

 

Oil falls to five-and-a-half-year low of around $63 a barrel

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

The price of Brent crude oil declined to a five-and-a-half-year low of $63 a barrel on Friday amid concerns of a worldwide supply glut and dip in oil demand.

Tags: low oil falls barrel

 

Brent crude oil falls below $66 a barrel

2014-12-09 01:00:00| Offshore Technology

The price of Brent crude oil further declined to a five-year low of $65.29 a barrel before increasing slightly to around $66.

Tags: oil falls crude brent

 

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