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Brent crude oil falls to five-year low amid oversupply forecasts

2014-12-08 01:00:00| Offshore Technology

The price of Brent crude oil dropped about $2 a barrel today to a new five-year low following oversupply forecasts.

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Oil falls below $70 as Saudi Arabia cuts crude price to US and Asia

2014-12-05 01:00:00| Offshore Technology

The price of Brent crude oil fell below $70 a barrel today following Saudi Arabia's decision to cut its monthly prices for crude sold to the US and Asia.

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VIDEO: Price of oil falls to a five-year low

2014-12-02 02:01:04| BBC News | Business | UK Edition

The price of oil drops to its lowest point in five years.

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Oil falls to near $78 on Japan recession news

2014-11-17 01:00:00| Offshore Technology

The price of Brent crude oil dropped by more than $1 to near $78 a barrel on Monday, following news that Japan is now in recession.

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Oil price falls 'set to continue'

2014-11-14 13:13:17| BBC News | Business | UK Edition

Oil prices are likely to continue falling well into 2015, the International Energy Agency forecasts.

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