Web Analytics
The news is by your side.


Browsing Tag

Brent Crude

Oil prices dive as Britain votes to leave EU

Raza Haidery
TOKYO/SINGAPORE: Oil prices slumped by more than 6 percent on Friday after Britain voted to leave the European Union in a landmark referendum, causing huge market uncertainty and fracturing European efforts to forge greater unity.

Oil prices rebound in Asia on bargain hunting

AFP
SINGAPORE: Oil prices rebounded in Asia Tuesday on bargain hunting ahead of a report on US crude inventories, but the market remained weighed down by the slowing Chinese economy and a global oversupply.

Oil prices fall in Asia as China slowdown weighs

AFP
SINGAPORE: Oil prices fell in Asia Monday after data showed China's economy posted its slowest growth for more than six years in the third quarter, reinforcing worries about demand from the world's top energy guzzler.

Oil prices extend gains in Asian trade

AFP
SINGAPORE: Oil prices climbed in Asia Monday boosted by a weaker dollar and expectations a rise in demand will ease a global supply glut, while investors await the release of key Chinese economic data this week.

Oil extends 'disconcerting' fall

Raza Haidery
SINGAPORE: Oil extended its "disconcerting" plunge towards six-year lows in Asia Tuesday after Wall Street giant Goldman Sachs lowered its price forecast, adding to concerns about a supply glut and weak demand.