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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.

Tags: prices firm growth oil

 
 

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.

Tags: month head prices poor

 

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