Wednesday 1 June 2016
 
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Brent

Global glut to temper oil price gains this year: poll

Global oversupply in crude oil is likely to limit price gains this year despite a series of unplanned outages and shrinking US shale production, a Reuters poll showed. Wildfires in Canada, political unrest in Venezuela and supply

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Rising Mideast output drags Brent down

Brent crude prices fell on Tuesday on rising output from the Middle East and ahead of an Opec meeting later this week, while US crude edged higher as the summer driving season began. Brent crude oil futures were down 40 cents at $

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Rising Mideast output drags Brent down

Brent crude prices fell on Tuesday on rising output from the Middle East and ahead of an Opec meeting later this week, while US crude edged higher as the summer driving season began. Brent crude oil futures were down 40 cents at $

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Oil prices ease from seven-month high to below $49

Oil futures fell below $49 on Friday, easing from a seven-month high hit this week, with analysts predicting range-bound markets for the next few months as supply outages slowly help to clear a global glut of crude. Prices also ca

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Brent breaks above $50 for first time in 7 months

Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing. Oil prices have rallied in recent week

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Oil steadies ahead of US inventory data; Brent below $50

Oil prices steadied on Wednesday, pausing from the 2016 highs hit in the previous session, as investors awaited government data on US crude stockpiles that analysts said may be crucial in determining whether a two-day rally is extended.

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Oil holds near six-month highs over supply concerns

Crude oil futures held near six-month highs in early Asian trading on Tuesday as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices. Crude futures

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Oil holds near six-month highs over supply concerns

Crude oil futures held near six-month highs in early Asian trading on Tuesday as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices. Crude futures

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Oil prices fall as Canadian fields gradually return

Oil prices fell early on Thursday, weighed by the gradual return of Canadian oil sands production, reversing a sharp rise the previous day when the US government detailed an unexpected fall in crude inventories. International Bren

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Oil prices fall as Canadian fields gradually return

Oil prices fell early on Thursday, weighed by the gradual return of Canadian oil sands production, reversing a sharp rise the previous day when the US government detailed an unexpected fall in crude inventories. International Bren

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