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Oil falls $2 on possible Mid-East peace deal

Oil prices fell more $2 on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to...

Oil prices fall on demand concerns

Brent crude futures fell below $70 a barrel on Tuesday for the first time since December 2021, after OPEC+ revised down its demand forecast...

Oil prices fall, continuing downward trend from last week

Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end the war in Ukraine...

Brent crude slips, but stays near $70 as demand recovery hopes lend support

Brent crude futures for May slipped 17 cents, or 0.2%, to $69.46 a barrel by 0109 GMT while U.S. West Texas Intermediate crude for April was at $65.79 a barrel, down 23 cents, or 0.4%.

Oil prices dive as Britain votes to leave EU

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 up on geopolitical tensions sparked by Paris attacks

SINGAPORE: Oil prices climbed in Asia Monday on geopolitical tensions sparked by the deadly terror attacks in Paris, but analysts said a global crude supply glut is likely to restrict any gains.

Oil prices bounce back but gains limited

SINGAPORE: Oil prices rebounded in Asia Monday but stayed below $45 a barrel as gains were limited by a strong dollar and data showing a decline in Chinese crude imports.

Oil prices rebound in Asia on bargain hunting

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

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

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 prices dip further in Asian trade

SINGAPORE: Oil prices on Tuesday slipped further toward six-year lows in Asia after major crude producers stressed they will maintain output levels despite an oversupply.

Oil extends 'disconcerting' fall

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.

Oil prices rise on violence in Libya

SINGAPORE: Oil prices rose in Asia Monday as fresh violence in Libya stoked concerns about possible supply disruptions, analysts said.

Oil declines amid stronger dollar, crude oversupply in U.S.

NEW YORK: Oil prices fell Friday, tumbling as the dollar strengthened and as a supply glut in top consumer, the United States, trumped worries about falling production from Libya.

Oil prices extend gains in Asia

SINGAPORE: Oil prices rose in Asia on Monday, extending a sharp rebound at the end of last week, with analysts predicting the sector has bottomed out after plunging almost 50 percent since June.

Gulf stocks reel on sliding oil prices

KUWAIT CITY: Share prices in energy-rich Gulf Arab states fell sharply at the start of the week Sunday, dragged down after oil prices plunged to new lows.
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