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Today's oil prices steadied despite US stockpiles, weak global demand

2013-06-17 01:00:00| Offshore Technology

Oil prices steadied today, as concerns over increasing US inventories and weak global demand predictions were counteracted by supply concerns tied to Middle East tensions.

Tags: global prices oil demand

 

Today's oil prices drop on demand worries; weak dollar caps fall

2013-06-13 01:00:00| Offshore Technology

Oil prices declined today due to concerns about demand, as gasoline stocks in the US have increased even in the ongoing summer driving season, while a weak dollar helped to cap any further fall.

Tags: prices fall oil drop

 
 

Today's oil prices steadied due to rally in global stockmarkets

2013-06-12 01:00:00| Offshore Technology

Oil prices steadied today, upheld by a rally in global stockmarkets which held off a possible fall due to an unprecedented spurt in oil inventories in the US and reductions in global demand forecasts.

Tags: due global prices oil

 

Today's oil prices drop on increasing supply, slowdown in China

2013-06-11 01:00:00| Offshore Technology

Oil prices declined today after the US announced its shale oil reserves have nearly doubled, while prices also came under pressure due to the possibility of a slowdown in Chinese demand.

Tags: china prices supply increasing

 

Oil prices rise on US jobs data, Federal stimulus hopes

2013-06-10 01:00:00| Offshore Technology

Oil prices dropped today, after poor data from China dampened the outlook for oil demand, eclipsing positive data from the US, which showed that hiring has improved in the country.

Tags: data jobs prices federal

 

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