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Oil prices fall as global supply glut offsets strong demand

2016-03-10 01:00:00| Offshore Technology

Oil prices have dropped after US crude hit three-month highs, with analysts warning that such gains may not be sustainable as oversupply concerns continue to outweigh strong demand.

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UK clothing prices fall at fastest pace in 10 months

2016-03-02 12:06:00| Daily apparel & textile news and comment - from just-style.com

UK clothing and footwear prices fell in February at their fastest pace since April last year, with many categories reporting an acceleration in their deflation rates. 

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Oil prices fall as rise in US crude stocks counters output freeze plan

2016-03-02 01:00:00| Offshore Technology

Oil prices have dropped below $37 a barrel after an industry report highlighted an increase in crude inventories in the US countered output freeze plan by major oil producers.

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Oil prices fall amid supply glut concerns

2016-02-25 01:00:00| Offshore Technology

Oil prices have dropped due to excess supply concerns amid a slowing global economy.

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Oil prices fall as OPEC squabbles over output targets

2016-02-24 04:49:00| Climate Ark Climate Change & Global Warming Newsfeed

Pop Herald: World oil (Other OTC: WOIIF - news) prices nudged higher Tuesday as OPEC producers met to discuss a possible freeze to crude output levels in a bid to tackle a supply glut. U.S. crude futures were trading at $31.25 per barrel at 0758 GMT, down 1.95 per cent from their last settlement. Speaking from an energy conference in Houston, Saudi Oil Minister Ali al-Naimi was quoted by Houston Public Media as saying finding a coordinated solution to lower oil price may require producers to "really work...

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