Last Updated: Wednesday, December 18, 2013, 09:45
Oil prices edged higher in Asian trade today as investors anticipate a fall in US crude inventories for the third consecutive week, indicating upbeat demand in the world's top consumer.
Last Updated: Thursday, December 12, 2013, 10:30
Oil prices eased in Asian trade on Thursday on a mixed US inventory report indicating tepid demand, while expectations of a return of Libyan supplies also weighed, analysts said.
Last Updated: Monday, December 09, 2013, 11:15
Singapore's United Overseas Bank said in a research note that prices were supported "by the outlook for increased demand after strong jobs data from the US, the world's top oil consumer".
Last Updated: Tuesday, December 03, 2013, 11:16
The fight for the trillion-dollar Asian oil market has ended decades of comfortable dominance for Middle East producers, who faced so little competition that refiners in Asia complained of being charged a premium of a dollar or so per barrel above what buyers in Europe or the Americas paid.
Last Updated: Friday, November 29, 2013, 14:01
In the first ten months, China's purchases from Iran were down 3.4 percent at 409,976 bpd.
Last Updated: Friday, November 29, 2013, 12:44
Protesters with a wide range of demands have been blocking oil and gas export terminals since late July, causing revenues to plunge 80 per cent.
Last Updated: Wednesday, November 27, 2013, 10:39
Oil prices were mixed in Asian trade on Wednesday as dealers anticipated a further increase in US crude stockpiles, indicating weak demand in the world's top crude consumer.
Last Updated: Wednesday, November 20, 2013, 19:49
New York`s main contract, West Texas Intermediate (WTI) for delivery in December, edged up 10 cents to $93.44 a barrel.
Last Updated: Tuesday, November 05, 2013, 09:05
Crude inventories in the United States have climbed for the past six weeks.
Last Updated: Friday, November 01, 2013, 10:23
Oil prices were mixed in Asia on Friday on weak US demand and news that a terminal in Libya will resume production early next week, analysts said.
Last Updated: Thursday, October 31, 2013, 10:00
Oil prices fell in Asian trade today, in line with regional equities, after the US Federal Reserve kept its stimulus programme unchanged, analysts said.
Last Updated: Tuesday, October 29, 2013, 08:42
Oil prices edged lower in Asian trade on Tuesday as dealers await a two-day US Federal Reserve policy meeting to find out the bank's plans for its stimulus programme.
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