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Oil trades below $86 amid decline in US dollar

2014-10-28 01:00:00| Offshore Technology

The price of Brent crude oil steadied below $86 a barrel on Tuesday following a drop in the US dollar, which offset issues of weak demand and ample supply.

Tags: us oil dollar decline

 

Oil trades below $98, recovering from two-year low

2014-09-16 01:00:00| Offshore Technology

The price of Brent crude traded at just below $98 a barrel on Tuesday, recovering from its decline to a two-year low; however, the price was capped by soft demand and weak economic data.

Tags: low oil trades recovering

 
 

Oil trades below $100 on slow economic growth in US and China

2014-09-09 01:00:00| Offshore Technology

The price of Brent crude declined below $100 a barrel for the first time since June 2013, amid slow economic growth in the US and China.

Tags: us china growth economic

 

Oil trades below $103 on ample supplies

2014-08-22 01:00:00| Offshore Technology

Brent crude oil futures traded below $103 a barrel today due to ample supplies and a strong dollar.

Tags: supplies oil trades ample

 

Oil trades below $103 as Libya increases output

2014-08-18 01:00:00| Offshore Technology

Brent crude declined below $103 a barrel today following the latest developments in Ukraine, Libya and Iraq.

Tags: oil output increases trades

 

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