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Today's Brent crude steady over positive economic data, strong equity markets

2013-05-20 01:00:00| Offshore Technology

Brent crude was steady today, boosted by optimistic economic data and strong equity markets, while prices were still under pressure due to a moderate outlook for demand and excess supplies.

Tags: data strong positive economic

 

Today's oil prices slide over demand growth concerns, firm dollar

2013-05-17 01:00:00| Offshore Technology

Oil prices dipped today after the US released disappointing data, which sparked fresh concerns over demand growth. Prices also came under pressure due to a firm dollar.

Tags: prices firm growth oil

 
 

Today's oil prices slide on weak factory data; US stockpile drop caps further fall

2013-05-16 01:00:00| Offshore Technology

Oil prices fell today after data showed that US factory production had dropped unexpectedly, reducing the outlook for demand; however, a surprise reduction in US crude stockpiles helped restrict any further fall in price.

Tags: data prices fall oil

 

Todays oil prices rise as US dollar shrinks; supply outlook caps further rise

2013-05-15 01:00:00| Offshore Technology

Oil prices slipped today, due to concerns about increasing supplies from the US and a weak outlook for global demand growth.

Tags: prices supply oil rise

 

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

 

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