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Today's oil prices plunge over concerns over US fiscal crisis, Chinese data
2013-03-04 01:00:00| Offshore Technology
Oil prices declined today over worries related to the US fiscal crisis and pessimistic Chinese data, which are expected to weaken demand in the world's top two oil consumers.
Today's oil prices drop on concerns over China recovery, US budget cut
2013-03-01 01:00:00| Offshore Technology
Oil prices dropped today, driven by apprehension that the oil demand outlook will be sluggish if China's economy continues to crawl, along with the eurozone's continued weakness and automatic spending cuts in the US.
Oil prices decline amid China's demand growth concerns
2013-02-25 01:00:00| Offshore Technology
Oil prices recovered from early losses this morning as a more stable euro supported prices. However, there is a worry that China's demand growth could dent future prices, as its manufacturing activity made a retreat from two-year highs.
Tags: prices
growth
oil
demand
Today's oil prices rise over tensions between West and Iran
2013-02-22 01:00:00| Offshore Technology
Oil prices rose today after German business morale jumped at its fastest pace for more than two years in February, according to a Munich-based think tank, indicating a good recovery for Europe's largest economy.
Today's oil prices plunge over hedge fund sell-off rumours
2013-02-21 01:00:00| Offshore Technology
Oil prices dropped considerably today, following rumours that a hedge fund has been forced to liquidate substantial commodity positions.
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