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Today's Brent crude surges, as positive global data raises demand expectations

2013-05-09 01:00:00| Offshore Technology

Brent crude jumped today after global positive data revived expectations of a rise in demand growth, while fears that an excess supply can put pressure on prices were also reduced.

Tags: data global positive demand

 

Today's Brent crude steady; China crude imports cap further fall

2013-05-08 01:00:00| Offshore Technology

Brent crude remained steady today after data showed that crude imports by China increased in April; however, apprehension over the weak global demand kept a lid on any gains.

Tags: china fall cap steady

 
 

Today's Brent crude remains steady; ECB rate cut supports price

2013-05-03 01:00:00| Offshore Technology

Brent crude prices remained steady today, after the European Central Bank (ECB) announced an interest rate cut that encouraged investors' appetites for riskier assets.

Tags: price rate cut remains

 

Today's Brent steady; unstable global economy hits price

2013-05-02 01:00:00| Offshore Technology

Brent crude was steady today, after two-weeks of lows, while increasing concerns about weak economies in the US and China reduced the outlook for oil demand.

Tags: price global hits economy

 

Today's Brent crude falls on global economic concerns; low demand

2013-04-22 01:00:00| Offshore Technology

Brent prices declined today over apprehensions regarding the global economy and the impact that could have on fuel demands.

Tags: low global economic falls

 

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