Sunday 24 May 2015
 
»
Tag
 
»
WTI

Oil prices to stay weak for at least a year

Oil is likely to stay relatively weak for at least the next year, a Reuters poll forecast on Thursday, suggesting a slowdown in oil production in the United States will not be enough to offset a global supply glut. Reuters monthly

More…

US crude prices could drop to $40, warns Goldman

Oil prices will reverse their recent gains as global crude inventories begin to increase again, with US crude likely to drop as far as $40 a barrel in the near-term, Goldman Sachs said. Oil prices rose by almost a third between Ja

More…

Oil edges up on optimism over Greek accord

Oil prices edged up after early falls on Monday as parts of Asia returned from the Lunar New Year holiday, with Brent futures moving further away from $60 a barrel and US contracts moving towards $51. After early trading losses, b

More…

Oil steadies after Opec says prices may have bottomed

Oil prices were little changed on Tuesday, with Brent holding above $48 following comments from a top Opec official that prices may have found a floor. Opec secretary-general Abdullah Al-Badri said oil prices may have bottomed out

More…

Oil sees biggest gain in 2 years as bears book profits

Oil closed up as much as 5 per cent on Friday, its biggest gain in over two years, as some traders took profits on short positions after prices this week hit their lowest since 2009. A sharp bout of short-covering prior to expiry

More…

Brent seen staying in $100-130 range

  Brent crude oil prices will stay in the $100-130/bbl range on average through 2015, while US WTI  faces the risk of crashing to $50, says a new report from Bank of America Merrill Lynch.   Lo

More…

Brent hovers below $98 on US economy, stimulus

Brent crude hovered at below $98 on Thursday after better-than-expected US home sales data and a pledge by the Federal Reserve to keep monetary policy steady drummed up market sentiment. President Barack Obama's call for lower corporate ta

More…

Oil falls to $84 on US supply glut

Oil fell for a fifth-straight session to about $84 on Tuesday, almost erasing April's gains, as a forecast increase in US crude inventories fanned concern about excess supplies and sluggish demand growth. US crude stockpiles probably rose

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads