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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.

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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.

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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.

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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.

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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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