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Tag: oil prices
Oil prices up due to rally in global equity markets
2015-08-27 01:00:00| Offshore Technology
Oil prices increased over 4% on Thursday following a rally in global equity markets as well as a drop in US crude stockpiles.
Oil prices stabilise as China's central bank moves to support weak economy
2015-08-26 01:00:00| Offshore Technology
Oil prices stabilised on Wednesday following news that China's central bank will back the country's economy, but prices stayed near six-and-a-half-year lows due to oversupply.
Tags: support
central
prices
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Oil bounced back, but prices near 6.5 year lows
2015-08-25 01:00:00| Offshore Technology
Oil prices bounced back on Tuesday, but are near 6.5 year lows due to global concerns over weak economic activity in China.
Oil prices decline due to fall in Chinese stock markets
2015-08-24 01:00:00| Offshore Technology
Oil prices declined more than 4% on Monday following a drop in Chinese stock markets.
Exxon Mobil (XOM) Stock Declines as Oil Prices Fall
2015-08-22 20:20:55| Chemicals - Topix.net
Industry standard Brent crude for September delivery is down 2.34% to $45.53 per barrel while West Texas crude for September delivery is down 2.13% to $40.44 per barrel. The drop in prices is tied to weak economic data from China, the world's second largest oil consumer, according to The Wall Street Journal .
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