brent crude oil

Oil Prices Drop Further on Oversupply Concerns

Oil prices have dropped further, adding to near 5% losses seen on May 4, as concerns about a worldwide supply…

8 years ago

Oil Prices Drop to New 2017 Low

Oil prices have fallen after the OPEC said global crude stocks had risen. A surprise output jump from Saudi Arabia,…

8 years ago

Oil Prices Surge as OPEC Agrees to Cut Production

Brent crude oil rose almost 6% to nearly $49 a barrel after Opec has agreed a preliminary deal to cut…

8 years ago

Oil Price Climbs 3% After Russia and Saudi Arabia Agreement

Oil price has climbed by about 3% after Russia and Saudi Arabia reached an agreement to look for ways to…

8 years ago

ExxonMobil Profit Hit by Low Oil Prices in Q1 2016

Low crude oil prices and weak refining margins have hit ExxonMobil and rival Chevron’s profits in Q1 of 2016. ExxonMobil…

9 years ago

Oil Prices Drop Sharply After Qatar Meeting

Oil prices have dropped sharply after a meeting of oil producers in Qatar failed to agree a cap on output.…

9 years ago

Oil Prices Surge as OPEC Nations Plan to Cut Production

Oil prices soared as much as 12% on February 12 after new suggestions that OPEC nations were set to cut…

9 years ago

China Stock Market Closes Down as Investors Worry about Oil Prices

Chinese shares saw steep losses in late trade on January 26 as investors worried about oil prices, and despite an…

9 years ago

Global Oil Price Drops below $28 a Barrel

Oil prices have fallen below $28 a barrel amid fears the lifting of international sanctions on Iran could worsen the…

9 years ago

Oil Prices Falls below $30 a Barrel for First Time since April 2004

Oil prices fell below $30 a barrel on international markets for the first time since April 2004, before recovering again.…

9 years ago

Oil Prices Hit 4-Month High amid Concerns over Middle East Disruption

Oil prices have reached a four-and-a-half month high on April 27 amid concerns over disruption to supplies from the Middle…

10 years ago

Oil prices to rise further

Oil prices will rise further, say industry leaders at the World Economic Forum on East Asia in Indonesia. Industry leaders…

10 years ago

Oil prices surge after Saudi Arabia and allies launch air strikes on Houthi fighters in Yemen

Oil prices rose by almost 6% after Saudi Arabia and its allies launched air strikes on Houthi rebel targets in…

10 years ago

Oil prices rally continue as investors pile in

Oil prices rallied on February 2 as investors speculated that the falling cost of crude may have ended. Brent crude…

10 years ago

US oil price drops below $50 a barrel

The US oil price has dropped below $50 a barrel for the first time since April 2009. The price of…

10 years ago