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Brent holds near 14-month low on plentiful supply

Brent holds near 14-month low on plentiful supply

Last Updated: Wednesday, August 20, 2014, 10:05

Brent crude futures steadied near 14-month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.

Brent falls to 14-month low on improving global supply

Brent falls to 14-month low on improving global supply

Last Updated: Tuesday, August 19, 2014, 23:29

Brent crude prices fell to a 14-month low on Tuesday, giving up early gains as recovering Libyan output, sustained Iraqi production and weak demand offset concerns about threats to supply.

Oil prices dip on profit taking, Iraq

Last Updated: Wednesday, July 02, 2014, 02:55

World oil prices slipped Tuesday on profit taking and marginally easing concerns about the Iraq crisis, while in the US a storm sparked fears about lower gasoline demand.

Crude prices up after escalation in Ukraine crisis

Last Updated: Tuesday, May 27, 2014, 13:23

Oil prices rose in Asian trade Tuesday on concerns over a dramatic escalation in the Ukraine crisis that could potentially cause a disruption in gas supply and send energy prices soaring, analysts said.

Oil prices rise on jobs report, low Libya output

Last Updated: Saturday, April 05, 2014, 02:29

Oil prices advanced Friday due to a solid US jobs report and continued doubt about the prospects for a full recovery of Libyan exports.

Brent oil strikes five-month low

Last Updated: Thursday, April 03, 2014, 03:50

Brent North Sea crude for May delivery fell as low as USD 103.95 in afternoon London deals. It later stood at USD 104.51 per barrel, down USD 1.11 from Tuesday.

Oil prices mixed as Ukraine fears recede

Last Updated: Wednesday, March 05, 2014, 10:27

European benchmark Brent tumbled USD 1.90 in London.

Oil prices rise over prolonged US cold weather

Last Updated: Wednesday, February 19, 2014, 10:13

Light, sweet crude for March delivery rose USD 2.13 to settle at USD 102.43 a barrel on the New York Mercantile Exchange, while Brent crude for April delivery gained USD 1.38 to close at USD 110.46 a barrel.

Oil prices down in Asian trade

Last Updated: Friday, January 17, 2014, 09:18

World oil prices eased in Asian trade today owing to supply concerns as non-OPEC members such as the United States ramp up production.

Oil prices mixed in Asian trade

Last Updated: Thursday, January 16, 2014, 11:06

Oil prices were mixed in Asian trading hours on Thursday but analysts said sentiment will continue to be boosted by expectations of higher world economic growth.

Brent slips towards $106 as supply outlook brightens

Last Updated: Tuesday, January 14, 2014, 09:30

Brent crude edged down towards $106 a barrel on Tuesday as Libyan supply picked up and as the restart of Iranian oil shipments appeared to get closer.

Oil prices gain on US economic optimism after Fed move

Last Updated: Friday, December 20, 2013, 02:58

Oil prices rose Thursday as investors concluded that the Federal Reserve`s move to trim stimulus was a sign of the improving US economy.