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Tag: oil drops
Brent crude oil drops below $66 due to abundant supply
2014-12-10 01:00:00| Offshore Technology
The price of Brent crude oil dropped below $66 a barrel today amid signs of ample supply and an increase in US oil stocks.
Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share
2014-12-09 13:37:26| Oil & Gas - Topix.net
Brent and West Texas Intermediate fell to a five-year low as Iraq followed Saudi Arabia in cutting prices for crude sales to Asia, adding to signs that OPEC's biggest members are defending market share. Futures dropped as much as 1.4 percent in London to the weakest intraday price since September 2009.
Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share
2014-12-09 11:01:55| Energy - Topix.net
Brent and West Texas Intermediate fell to a five-year low as Iraq followed Saudi Arabia in cutting prices for crude sales to Asia, adding to signs that OPEC's biggest members are defending market share. Futures dropped as much as 1.4 percent in London to the weakest intraday price since September 2009.
Brent oil price drops towards $78 amid increase in Saudi Arabia crude exports
2014-11-19 01:00:00| Offshore Technology
The price of Brent crude oil dropped towards $78 a barrel today amid increased crude exports data from Saudi Arabia in September.
Tags: price
increase
oil
arabia
Brent crude drops towards $81 despite oil supply disruptions in Libya
2014-11-12 01:00:00| Offshore Technology
The price of Brent crude dropped near $81 a barrel today amid concerns of a surging supply glut, outweighing supply disruption worries in Libya.
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