Last Updated: Friday, December 13, 2013, 09:49
Oil prices were mixed in Asian trade today as dealers worried about a global oversupply in crude, while speculation the US Federal Reserve will soon scale back its stimulus programme also weighed.
Last Updated: Monday, November 04, 2013, 09:46
Oil prices rose in Asia on Monday as dealers await US economic data this week that could provide a clue to when the Federal Reserve will start winding down its stimulus programme.
Last Updated: Wednesday, September 25, 2013, 14:07
Dealers are also eyeing a possible thawing of ties between the US and oil producer Iran.
Last Updated: Friday, September 06, 2013, 09:26
Oil prices inched higher in Asian trade on Friday ahead of the release of US jobs figures and on concerns about a possible US-led strike on Syria, analysts said.
Last Updated: Tuesday, September 03, 2013, 09:41
Oil prices eased in Asian trade today on receding fears of an immediate US intervention in Syria but upbeat global economic data capped losses, analysts said.
Last Updated: Tuesday, August 06, 2013, 12:03
New York's main contract, West Texas Intermediate for delivery in September, was down 30 cents to USD 106.26 a barrel in morning trade, and Brent North Sea crude for September shed 16 cents to USD 108.54.
Last Updated: Thursday, August 01, 2013, 09:41
Investors were also cheered by better-than-expected US growth figures for the April-June period, fuelling hopes for a pick-up in energy demand.
Last Updated: Tuesday, July 30, 2013, 09:33
New York's main contract, West Texas Intermediate for delivery in September, was down 27 cents at USD 104.28 a barrel in mid-morning trade, and Brent North Sea crude for September eased 13 cents to USD 107.32.
Last Updated: Thursday, July 25, 2013, 09:40
"We are seeing a continuation of last night's pullback in crude prices over the weak Chinese data," Michael McCarthy, chief market strategist at CMC Markets in Sydney, said.
Last Updated: Wednesday, July 24, 2013, 11:26
Banking giant HSBC said its preliminary purchasing managers index (PMI) for China hit an 11-month low of 47.7 for July, down from 48.2 in June.
Last Updated: Tuesday, July 23, 2013, 09:18
New York's main contract, West Texas Intermediate (WTI) for delivery in September, was up 22 cents at USD 107.16 a barrel, while Brent North Sea crude for September rose 15 cents to USD 108.30.
Last Updated: Wednesday, July 17, 2013, 10:12
"Trading is very quiet at the moment, and there's nothing major for traders to cling on to make a move," Michael McCarthy, chief market strategist at CMC Markets in Sydney, said.
more videos >>