News Topics: Commodity Prices
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Brent Oil Ends Week Flat, Pausing Rout, as US Contango Looms
Friday, October 24, 2014 Brent oil prices fell but were little changed on the week as traders caught their breath from a months-long rout, even as signs of rising global supply and a U.S. contango structure threatened deeper losses.
Brent Up Almost 3%, Biggest Gain Since June, On Reported Saudi Cut
Thursday, October 23, 2014 Brent crude oil jumps nearly 3%, its most in over four months, after an industry source says Saudi Arabia cut output in September following the summer's tumble in prices.
Oil Dives After Big US Weekly Crude Stock Build
Wednesday, October 22, 2014 Oil prices fall sharply, with US crude approaching $80 a barrel after data shows a second big jump in weekly US crude stockpiles.
Oil Ends Up After China Demand News, Fragile Recovery Seen
Tuesday, October 21, 2014 Brent crude oil ends up almost 1%, helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted selling.
Oil Falls Below $86 As Oversupply, Global Economy Worries Weigh
Monday, October 20, 2014 Brent crude falls, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's 4-year low.
Russia's Gazprom Neft Sees Oil Price Returning To $95-110 Per Barrel
Friday, October 17, 2014 Gazprom Neft says it does not see a fall in the oil price as a long-term trend.
Oil Bucks Downtrend To Eek Out Small Gain
Friday, October 17, 2014 Oil prices rise slightly, bouncing from near 4-year lows even while marking a fourth straight weekly loss.
Oil Rises On Tight US Gasoline Stocks, Options Expiry
Thursday, October 16, 2014 Oil prices rise in volatile trading, as data showing tight US gasoline supplies and technical trading ahead of options expiry provided rare support amid a long downturn.
Oil Resumes Slump On Economic Gloom After Brief Bounce
Wednesday, October 15, 2014 Oil prices slump after a brief bounce from four-year lows fails to gain traction.
IEA Sees 2015 Oil Demand Growth Much Lower, Supply Hitting Prices
Tuesday, October 14, 2014 Demand for oil in 2015 will grow far slower than previously forecast as global economies remain weak, the IEA says.
Oil Dives $4 As Demand Dims, Shale Booms And OPEC Resists Cuts
Tuesday, October 14, 2014 Oil dives more than $4 a barrel, its biggest drop in more than two years as mounting evidence of slackening demand and unrelenting US shale output leaves traders struggling.
Brent Crude Slides To Lowest Since 2010 On Saudi Output Signal
Monday, October 13, 2014 Brent oil prices fall, tumbling more than $2 a barrel intraday to their lowest since 2010.
Oil Rebounds Off 4-Year Low On Short Covering
Friday, October 10, 2014 Global oil prices rebound, after sinking to the lowest levels in nearly four years earlier in the day.
Brent Drops Below $90; Worry Over Global Economy, Supply
Thursday, October 09, 2014 Brent breaks below $90 a barrel for the first time since the summer of 2012.
Brent Ends Down But Off Early Lows, Shaking Off US Stockpile Data
Wednesday, October 08, 2014 Brent crude hits a 27-month low before recovering partially to close above $91 a barrel.
Oil Deepens Slump On Economy, Demand Data; Arbitrage Hits WTI
Tuesday, October 07, 2014 World oil prices resumes a months-long rout to close at lowest in more than two years, pressured by reduced economic and demand growth forecasts.
Oil Reverses Course, Ends Higher On Weak Dollar
Monday, October 06, 2014 Crude oil futures reverse course after a massive sell-off last week and end higher on a slump in the US dollar.
Oil Shaves $1, Retreats to Bear Territory on US Dollar Spike
Friday, October 03, 2014 Global crude oil prices extended a months-long rout into bear market territory, with Brent notching a new 27-month low as the dollar spiked.
Oil Prices Deepen Slide On Glut Worry; US Crude Bounces
Thursday, October 02, 2014 Global oil prices deepen a three-month rout to hit their lowest since mid-2012.
Oil Falls As Bearish Trend Continues, Saudi Lowers Prices
Wednesday, October 01, 2014 Oil prices fall toward $94 a barrel, continuing a three-month losing stretch as weak economic signals from China and Europe and ample global supply continue to weigh.
Oil Drops To Two-Year Lows, Capping Quarter-Long Rout
Tuesday, September 30, 2014 World oil prices tumble to their lowest in more than two years on, with US crude posting its biggest daily decline since 2012.
US Crude Rises On Economic Data, Strong Products Market
Monday, September 29, 2014 US crude oil rises backed by strong US economic data, and Brent edges up after nearing a two-year low last week.
Brent Steady, US Crude Up On Supportive Economic Data
Friday, September 26, 2014 Brent crude futures end flat as improving supply and concerns about tepid demand for oil in Europe and China offset concerns about the Middle East conflicts.
Oil Flat On Strong Dollar, Abundant Supplies
Thursday, September 25, 2014 Brent crude oil prices hold steady while US crude dips slightly in choppy trading.
Brent Rebounds, US Crude Gains As Spread Dips Below $4
Wednesday, September 24, 2014 Crude oil futures on both sides of the Atlantic settle higher, shrugging off early losses.
Brent Oil Falls As Glut Outweighs Mideast Turmoil; US Oil Up
Tuesday, September 23, 2014 Brent crude oil inches lower as ample global supplies outweigh tensions in the Middle East, while US oil bounces higher after four sessions of losses.
Oil Prices Fall on Sluggish Demand, Ample Supply
Monday, September 22, 2014 Crude oil futures fall as ample supply and slowing economic growth in Europe and China outweigh expectations of a cut in oil output from OPEC.
US Crude Falls On Worries About Glut, Brent Gains
Friday, September 19, 2014 US crude oil and Brent trade in opposite directions as a sell-off ahead of Monday's expiration.
Oil Falls On Supply Glut And Strong Dollar
Thursday, September 18, 2014 Crude oil falls, pressured by ample supply, concerns about demand growth and a stronger US dollar.
Oil Prices Fall On EIA Report Of Big US Crude Stocks Build
Wednesday, September 17, 2014 Crude oil futures fall after a government report shows crude stocks rose sharply in the United States last week.
Oil Gains On OPEC Production Cut Talk, Libya Paring Output
Tuesday, September 16, 2014 US crude futures rose by almost $2 and Brent by more than $1 on the prospect of a production cut by OPEC.
Oil Hits 2-Year Low; Dollar Rises Ahead Of Fed
Monday, September 15, 2014 Brent crude falls below $97 per barrel, its lowest level in more than two years, as weak Chinese economic data cuts the prospect for demand at a time of abundant supply.
Oil Drops As Ample Supply Overtakes Demand
Friday, September 12, 2014 Crude oil prices fall on pressure from weak demand, ample supplies and a strong dollar.
Brent Bounces from 2-year Low; U.S. Crude Rallies
Thursday, September 11, 2014
Oil Falls On Supply Growth, US Crude Drops To 16-Month Low
Wednesday, September 10, 2014 US crude futures fall to a 16-month low and Brent to a 17-month low on rising supply and tepid demand.
Brent Oil Falls Below $100 To 17-Month Low As Supply Weighs
Tuesday, September 09, 2014 Brent crude oil prices fall to a 17-month low below $100 per barrel in volatile trade.
Brent Crude Hits 16-Month Low Below $100 On Weak Data
Monday, September 08, 2014 Brent crude fall below $100 a barrel, the first time in 16 months, before returning to close in three-digit territory.
Oil Falls As Weak US Jobs Data Adds To Demand Worries
Friday, September 05, 2014 Crude oil futures fall and end the week more than 2% lower as disappointing jobs data from the United States cast doubt about the strength of economic growth.
Oil Slips On Surprise ECB Rate Cut, EIA Data Supports
Thursday, September 04, 2014 Crude oil futures trade lower after a surprise rate cut from the European Central Bank boosted the dollar and hit commodities priced in the US currency.
Oil Gains More Than $2, Brent Rebounds From 16-Month Low
Wednesday, September 03, 2014 Crude oil prices jump by more than $2 a barrel off multi-month lows.
Brent Oil Sinks To 16-Month Low On Demand Fears, Strong Dollar
Tuesday, September 02, 2014 Brent crude oil futures fall to the lowest level in 16 months, pressured by the prospect of slowing oil demand growth in China and Europe.
Oil Higher On Ukraine Tensions, Data, But Posts Second Monthly Fall
Friday, August 29, 2014 Crude oil prices post their second straight monthly loss, despite rising on worries that the intensifying Ukraine crisis may trigger more sanctions.
Brent Falls, US Crude Rises As Global Demand Seen Weak
Thursday, August 28, 2014 Brent crude oil falls and US crude rises as ample global supply and lackluster demand pressure the global benchmark.
Crude Oil Little-Changed After Oil Inventory Draw, Cushing Build
Wednesday, August 27, 2014 Crude oil futures settle flat after choppy trading, following a report that showed declining US gasoline demand in the world's top oil consumer and a build at the key Cushing storage hub.