Brent, U.S. Crude Futures Slip on API Stocks Rise
Brent and U.S. oil futures slightly extended losses on Tuesday after larger-than-expected rise in crude stocks in the United States last week.
April 4, 2012 8:36Register for our free newsletter
Brent and U.S. oil futures slightly extended losses on Tuesday after larger-than-expected rise in crude stocks in the United States last week.
April 4, 2012 8:36Brent crude rose above $122 on Wednesday, snapping two days of losses, in line with gains across broader financial markets on expectations that cheap loans from the European Central Bank will spur buying of riskier assets.
February 29, 2012 1:47Asian stocks pause after rallying on Fed, gold up; EU will lose, rather than Iran, from sanctions, says Ahmadinejad; Brent to revisit low of $108.91/bbl
January 28, 2012 1:28With debt crises either side of the Atlantic, Europe flirting with recession and Libyan oilfields returning to production, it is tempting to be bearish on oil. Tempting but risky.
November 22, 2011 2:48President Obama to speak on jobs, economy on Thursday; Swiss National Bank seeks to set minimum rate for franc;By Christopher Johnson
September 6, 2011 4:19Brent crude fell below $112 a barrel on Monday, as fears of another US recession slowing fuel demand overshadowed supply concerns over a major shutdown of offshore oil production forced by Tropical Storm Lee.
September 5, 2011 10:20John Kemp recommends not get too taken in by the monthly fluctuations oil prices. He suggests another way to read the signs.
August 18, 2011 11:13In addition to post-election unrest in OPEC member Nigeria, Syria stirs fear of wider turmoil as oil prices rise.
April 25, 2011 1:27Malaysia'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 12:39Brent hits 32-month high on Libya oil attacks; Middle East unrest adds $20-25 oil premium; Analysts warn signs of demand destruction emerging
April 8, 2011 12:24Originally planned to launch on March 7, BFX seems finally set to launch in two weeks with the bourse to remaining in Bahrain despite recent unrest.
April 6, 2011 2:46Central bankers claim no influence on oil prices but history says otherwise. Meanwhile, the Euro hits 14-month high as Libyan rebels call on NATO for more strikes.
April 6, 2011 2:38Kuwait not boosting output in April; Brent trading close to $120 a barrel; Oil prices would fall if regional conflict short-lived
April 4, 2011 4:56