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Tag: brent
Today's Brent value drops ahead of Fed Reserves stimulus decision
2013-12-18 01:00:00| Offshore Technology
Brent futures were under pressure today as the traders are reluctant take positions ahead of US Federal Reserve briefing which could clear air on tapering of its monetary stimulus.
Tags: decision
ahead
fed
reserves
Today's Brent value increases Libyan supply concerns
2013-12-16 01:00:00| Offshore Technology
Brent's value increased today after Libya failed to strike a deal with tribal leaders to remove blockade on oil exporting ports, reviving supply concerns.
Tags: supply
concerns
increases
brent
Brent crude trades above $108 ahead of resumption of Libya supply
2013-12-13 01:00:00| Offshore Technology
Brent crude held above $108 a barrel today as traders anticipated an increase in the Libyan oil supply following announcement of the government's plans to reopen three eastern ports.
Tags: supply
ahead
trades
libya
Today's Brent steady as traders look to narrow spread with US futures
2013-12-11 01:00:00| Offshore Technology
Today's Brent was steady at more than $109 a barrel as the focus of the main traders was to narrow its spread with US futures ahead of inventory data in the country.
Brent stays near $112 following positive China, US data
2013-12-09 01:00:00| Offshore Technology
Brent's oil futures held near $112 a barrel today, following a positive economic data from the US and China, which are the top two oil consumers in the world.
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