North Sea Brent crude oil fell more than $2 per barrel on Monday after factory data in Europe and Asia pointed to a sharp slowdown in global economic activity and lower fuel demand.
July 2, 2012 3:44
"As long as it hovers around $100, it is the right price," he told a news conference. "My expectation is it will hover between $80-$100 depending on the situation - it could be more than that," the UAE's economy minister Sultan bin Saeed al-Mansouri said on Monday.
June 4, 2012 5:41
IEA sees oil market supply fundamentals easing; Saudi Arabia says it is pumping 10 million bpd; U.S. crude stocks up 2.79 mln bbls; distillate, gasoline falls; Iran to offer new proposals at this weekend's nuclear talks
April 12, 2012 3:20
Malaysia's Petronas, Delta Air Lines adopt Brent for hedging; ICE Brent volumes cut NYMEX WTI advantage in past few weeks; Goldman Sachs says switch to Brent is "smart" for investors
April 11, 2011 12:39