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US inventory data News

17 Jan 2018

Oil prices slip as analysts warn of correction after 13% gain in the past month

Brent crude futures were at $69.07 a barrel at 0441 GMT, down from a high of $69.37 earlier in the day and 18 cents below their last close.

16 Jan 2018

Oil prices near three-year highs, supported by healthy demand

Prices have been driven up by production curbs in OPEC nations and Russia, as well by strong demand thanks to healthy economic growth.

22 Nov 2017

US crude extends rally to $58 per barrel, first time since 2015

Brent crude, the global benchmark, was up 57 cents at USD 63.14.

30 Dec 2014

Oil hits 5-1/2-year low below $57 on supply glut

Brent crude fell to a 5-1/2-year low of less than $57 a barrel on Tuesday as a global supply glut outweighed concerns of lost supply from Libya where battling militias have closed ports.

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