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Brent crude oil falls back below $60 as global supply continues to rise

2014-12-19 01:00:00| Offshore Technology

The price of Brent crude dropped below $60 a barrel on Friday as a worldwide abundant supply of oil indicated continued growth, despite more energy firms cutting upstream investments.

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US stocks slump as crude oil renews its slide

2014-12-11 10:57:13| Energy - Topix.net

" U.S. stock indexes fell Wednesday, weighed down by declines in energy companies as the price of oil resumed its slide. Investors are also speculating the Federal Reserve will signal that it intends to raise interest rates next year should the economy continue to strengthen.

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Weaker US dollar aids Brent crude oil price increase towards $65

2014-12-11 01:00:00| Offshore Technology

The price of Brent crude oil increased towards $65 a barrel today amid a weaker US dollar.

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US stocks slump as crude oil renews its slide

2014-12-10 23:59:17| Oil & Gas - Topix.net

" U.S. stock indexes fell Wednesday, weighed down by declines in energy companies as the price of oil resumed its slide. Investors are also speculating the Federal Reserve will signal that it intends to raise interest rates next year should the economy continue to strengthen.

Tags: oil slide stocks crude

 

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.

Tags: due supply oil drops

 

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