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Oil price falls below $80 a barrel

2014-11-13 21:41:33| BBC News | Business | UK Edition

Brent crude oil price falls below $80 a barrel for the first time since 2010, as Saudi Arabia fails to confirm a cut in production.

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Ecopetrol Profit Falls as Oil Price, Output Declines

2014-10-31 19:24:58| Jewelry - Topix.net

Ecopetrol SA , Colombia 's state-owned oil producer, said third-quarter profit fell 41 percent on a decline in crude production and prices. Net income dropped to 2.28 trillion pesos , from 3.86 trillion pesos a year earlier, the Bogota-based company said today in a statement .

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Oil falls below $87 on expectations that Federal Reserve may lift interest rates

2014-10-30 01:00:00| Offshore Technology

The price of Brent crude oil dropped below $87 a barrel on Thursday amid expectations that the Federal Reserve may lift interest rates, putting pressure on the US dollar.

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Oil falls below $86 a barrel in Goldman Sachs forecast cuts

2014-10-27 01:00:00| Offshore Technology

The price of Brent crude oil has declined to below $86 a barrel after US investment bank Goldman Sachs cut its price forecasts earlier today.

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Oil price falls to two-year low

2014-10-02 12:44:33| BBC News | Business | UK Edition

Global oil prices fall to their lowest level in more than two years after Saudi Arabia cut its official selling price.

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