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Oil boss says change Brent benchmark

2014-02-19 00:00:31| BBC News | Business | UK Edition

The head of the world's biggest oil trading business calls for an overhaul of the Brent crude oil benchmark saying it doesn't reflect oil supply and demand.

Tags: change oil boss benchmark

 

Brent futures drop on weaker US economic data

2014-02-17 01:00:00| Offshore Technology

Brent value dropped towards $109 a barrel today over revived demand fears from the US, fuelled by weaker-than-expected economic data. However, further losses were curbed with support from the cold spell that pushed up consumption of heating fuels.

Tags: data economic drop futures

 
 

Brent gains slightly ahead of dovish Yellen testimony

2014-02-11 01:00:00| Offshore Technology

Brent value gained slightly today as investors await the first congressional testimony of new Federal Reserve chief Janet Yellen, after a weak labour market report for January left investors skittish.

Tags: slightly ahead gains testimony

 

Todays oil price: Brent surges over positive signs in US jobs data

2014-02-07 01:00:00| Offshore Technology

The signs of optimism over US jobs data have pushed Brent crude to beyond $107 a barrel today and towards a second weekly gain.

Tags: price data jobs positive

 

Brent value drops following slowdown in US manufacturing activity

2014-02-04 01:00:00| Offshore Technology

Brent futures dropped today as US manufacturing activity slowed sharply in January, which clouded future oil demand.

Tags: activity manufacturing drops brent

 

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