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Tag: oil prices
Todays oil prices drop as Libya set to open oil ports
2014-04-03 01:00:00| Offshore Technology
Oil prices dropped today after a Libyan Government spokesman said that an agreement with rebels to reopen key oil ports could be finalised in two to three days, which could release 600,000bpd of crude supplies.
Todays oil prices fall as Libyan rebels agree to end oil port blockade
2014-04-02 01:00:00| Offshore Technology
Oil prices dropped today after a rebel group in eastern Libya agreed with the government to lift the seizure of vital oil ports within days, which weighed on crude demand.
Oil prices drop after weak Chinese manufacturing data
2014-04-01 01:00:00| Offshore Technology
Oil prices dropped today after weak Chinese manufacturing data sparked concerns that the world's second-largest economy slowed more than expected in the first quarter, clouding crude demand.
Oil prices drop following rise in supply from Iraq
2014-03-31 01:00:00| Offshore Technology
Oil prices dropped today as Iraq's giant West Qurna-2 field commenced production, weighing on crude prices due to oversupply concerns.
Oil prices rise following strong US economic data
2014-03-28 01:00:00| Offshore Technology
Oil prices increased today after US data showed initial jobless claims dropped to their lowest level in the fourth-quarter, and the countrys economic growth was slightly faster than previously estimated, which signaled strong demand ahead for crude
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