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Oil trades below $60 a barrel
2014-12-17 01:00:00| Offshore Technology
Brent crude oil has traded below $60 a barrel because of a supply glut, which has dragged down prices.
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Oil Trades Near 5-Year Low as OPEC Seen Resisting Cuts at $40
2014-12-15 15:32:21| Energy - Topix.net
Brent futures fluctuated in London after falling 2.9 percent on Dec. 12 to cap a third weekly drop. The market will stabilize itself and OPEC will wait at least three months before considering an emergency meeting, U.A.E. Energy Minister Suhail Al-Mazrouei said.
Oil Trades Near 5-Year Low as OPEC Seen Resisting Cuts at $40
2014-12-15 11:21:14| Oil & Gas - Topix.net
Brent futures fluctuated in London after falling 2.9 percent on Dec. 12 to cap a third weekly drop. The market will stabilize itself and OPEC will wait at least three months before considering an emergency meeting, U.A.E. Energy Minister Suhail Al-Mazrouei said.
Oil trades below $79 as Saudia Arabia indicates no output cuts by OPEC
2014-11-26 01:00:00| Offshore Technology
The price of Brent crude oil steadied below $79 a barrel today amid indications from Saudi Arabia that OPEC would not cut oil output.
Brent crude oil trades at about $82 due to strong US dollar
2014-11-11 01:00:00| Offshore Technology
The price of Brent crude traded at approximately $82 a barrel, just above the recent four-year low, due to a strong US dollar.