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Tag "Barrel"

Brent crude oil holds above $50 after OPEC meeting

Brent crude oil holds above $50 after OPEC meeting

🕔13:39, 3.Jun 2016

SINGAPORE: Brent oil prices held around $50 a barrel on Friday following an OPEC meeting that failed to agree on output targets, but which was seen as supportive as Saudi Arabia pledged not to flood the market with more fuel.

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IEA says worst may be over for oil price

IEA says worst may be over for oil price

🕔16:33, 11.Mar 2016

PARIS: The oil price may have finally bottomed out after an unprecedented drop over the past 18 months, the International Energy Agency (IEA) said Friday, noting oil’s “remarkable recovery” over recent weeks.

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Oil prices fall in Asia but Brent stays above $40

Oil prices fall in Asia but Brent stays above $40

🕔12:30, 8.Mar 2016

SINGAPORE CITY: Oil prices dipped in Asia Tuesday but Brent crude stayed above $40 a barrel, as traders took profits after solid gains over the past three weeks.

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Crude back below $30 as prices extend losses

Crude back below $30 as prices extend losses

🕔12:47, 26.Jan 2016

SINGAPORE: Crude fell back below $30 a barrel in Asia Tuesday as worries about the global supply glut returned to the fore, following a two-day rebound.

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US crude falls below $28 as IEA warns market could ‘drown in oil’

US crude falls below $28 as IEA warns market could ‘drown in oil’

🕔12:09, 20.Jan 2016

SINGAPORE: US crude tumbled below $28 a barrel in Asia on Wednesday, hitting new 12-year lows, after the International Energy Agency (IEA) warned that the oil market could “drown in oversupply”.

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Oil plunges below $29 on prospects of more Iran crude, China worries

Oil plunges below $29 on prospects of more Iran crude, China worries

🕔11:45, 16.Jan 2016

NEW YORK: Oil prices crashed 6 percent on Friday to close below $30 a barrel for the first time in 12 years, resuming this year’s breathtaking rout as Chinese stock markets fell further and traders braced for an imminent rise in Iran’s exports.

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Oil resumes decline in Asia ahead of US stockpiles data

Oil resumes decline in Asia ahead of US stockpiles data

🕔12:12, 30.Dec 2015

SINGAPORE: Oil prices resumed their decline in Asia on Wednesday ahead of the release of data on US crude stockpiles and production.

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Oil prices up as divided OPEC meets

Oil prices up as divided OPEC meets

🕔14:00, 4.Dec 2015

SINGAPORE: Oil prices rose in Asia Friday as traders hedged their bets ahead of a meeting of the OPEC cartel whose members are divided on whether to slash production in an oversupplied global market.

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Oil prices down in Asia ahead of OPEC policy meeting

Oil prices down in Asia ahead of OPEC policy meeting

🕔16:47, 2.Dec 2015

SINGAPORE: Oil prices fell in Asia Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) prepared to meet in Vienna, amid expectations it will maintain high output levels.

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Oil surges after Turkey shoots down Russian jet

Oil surges after Turkey shoots down Russian jet

🕔19:27, 25.Nov 2015

NEW YORK: Global oil prices surged higher Tuesday after Turkey shot down a Russian warplane on the Syrian border, sparking concerns about rising in the oil-rich Middle East.

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