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Tag: brent
As WTI and Brent Reunite, Gulf of Mexico Faces Squeeze, Not Glut
2013-07-22 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Even after a surprisingly vigorous surge in U.S. crude oil prices finally eliminated a three-year discount versus global benchmark Brent, some cash markets are sending a curious signal: refiners are ready to pay even more. U.S. oil futures reached parity to European Brent on Friday for the first time in nearly three years, a sign new pipeline capacity is finally moving a glut of crude out of the U.S. Midwest. The gap, which before 2010 rarely widened to more than a few dollars, was $10 in early...
Brent Prices Rise As Unrest In OPEC Countries Intensifies
2013-07-15 11:00:00| OGI
The Brent-WTI spread narrowed to about $2 on July 10, the lowest in nearly two years.
Tags: prices
countries
rise
brent
Todays Brent crude remains steady; demand concern in China caps gain
2013-07-12 01:00:00| Offshore Technology
Brent crude steadied today, as yesterday's gains were reined back by the prospect of additional supply from the non-Organization of the Petroleum Exporting Countries (OPEC) producers and demand growth concerns in China.
Tags: china
gain
remains
demand
Todays Brent price steady as dollar drops on Federal Reserve stimulus hopes
2013-07-11 01:00:00| Offshore Technology
Brent crude rose to a three-month high today amid expectations that the US Federal Reserve will continue with its stimulus programme for the time being, a sharp plummet in oil inventories also boosted US prices.
Tags: price
federal
dollar
reserve
Todays Brent crude falls after worries of slow economic revival in China
2013-07-10 01:00:00| Offshore Technology
Apprehensions about slow economic recovery in China have led to a marginal decline in Brent crude price, while data showing an unprecedented drop in crude oil stocks pushed up the US crude price.
Tags: china
economic
slow
falls
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