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Tag: oil drops
Oil drops below $55 on extension of Iran nuclear deadline
2015-04-01 01:00:00| Offshore Technology
The price of Brent crude oil futures dropped below $55 a barrel today as negotiations over a nuclear deal between Iran and six world powers extended beyond a Tuesday deadline.
Tags: oil
extension
iran
nuclear
Oil drops as Middle East supply concerns ease
2015-03-27 01:00:00| Offshore Technology
The price of Brent crude oil fell by over $1 a barrel today, on estimations that the threat of disruption to Middle East supplies due to air strikes in Yemen was low.
Tags: east
middle
supply
middle east
US oil and natural gas rig count drops by 56 to 1,069
2015-03-20 21:00:21| Oil & Gas - Topix.net
" Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. tumbled by 56 this week to 1,069 amid slumping oil prices. Houston-based Baker Hughes said Friday 825 rigs were seeking oil and 242 exploring for natural gas.
Brent crude drops below $56 on larger-than-expected oil inventory in US
2015-03-19 01:00:00| Offshore Technology
The price of Brent crude fell below $56 a barrel on Thursday, due to greater increase in oil stocks than expected in the US.
Brent crude oil drops below $54 on supply glut concerns
2015-03-17 01:00:00| Offshore Technology
The price of Brent crude oil fell below $54 a barrel on Tuesday, after concerns over an increasing supply glut.
Tags: supply
oil
concerns
drops
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