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Tag: oil prices
Todays oil prices jump as US retail sales pick up, stockpiles continue
2013-05-14 01:00:00| Offshore Technology
Oil prices gained today after retail sales in the US unexpectedly increased, raising hopes of a revival in demand growth, while the rise in stockpiles in the world's largest oil consumer failed to further boost prices.
Tags: sales
jump
continue
prices
Todays oil prices slide on firm dollar, demand growth concerns
2013-05-13 01:00:00| Offshore Technology
Oil prices decreased today as the dollar remained strong and fresh concerns were raised over a slowdown in demand growth in the US, which added further pressure on prices.
Today's oil prices slip as investors start selling; supply concerns cap further losses
2013-05-07 01:00:00| Offshore Technology
Oil prices fell today as investors took the recent rise in prices as a chance to sell and make profits, while worries of escalating tensions in the Middle East capped further losses.
Tags: start
prices
supply
selling
Today's oil prices slip over negative China data; supply worries
2013-05-01 01:00:00| Offshore Technology
Oil prices continued to decline today as investors showed concerns about growth outlook in the US and China, while US oil stocks increased by more than predicted.
Tags: data
china
prices
supply
Today's oil prices slip over poor demand outlook; head for worst month
2013-04-30 01:00:00| Offshore Technology
Oil prices again declined today, due to the dull global demand outlook; however, any further declines were restricted on the expectation that global stimulus measures will boost oil demand.
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