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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.
14:12 Brent steady above $61 as companies cut upstream investments
2014-12-18 11:11:21| Oil & Gas - Topix.net
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around the world, reports Reuters. Chevron Corp has put a plan to drill for oil in the Beaufort Sea in Canada's Arctic on indefinite hold, while Marathon Oil cut its capital expenditure for next year by about 20 percent.
Tags: companies
cut
investments
steady
14:12 Brent steady above $61 as companies cut upstream investments
2014-12-18 11:08:53| Energy - Topix.net
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around the world, reports Reuters. Chevron Corp has put a plan to drill for oil in the Beaufort Sea in Canada's Arctic on indefinite hold, while Marathon Oil cut its capital expenditure for next year by about 20 percent.
Tags: companies
cut
investments
steady
Brent oil price falls below $60
2014-12-16 10:25:09| BBC News | Business | UK Edition
The price of Brent crude drops below $60 a barrel for the first time in more than five years as oil prices continue to slide.
Brent price falls below $60
2014-12-16 01:00:00| Offshore Technology
The price of Brent crude oil declined by more than $1 per barrel, falling below $60 due to tepid Chinese factory activity and dipping currencies of emerging markets, which has affected demand.
Tags: price
falls
brent
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