Tuesday 1 September 2015
 
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oversupply

Oil sinks 3pc as investors retreat from gains

Oil prices fell three per cent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and US crude soared more than eight per cent in the previous session. Both Brent and US crude prices

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Oil rises more than 4.5pc as equities rally

Oil prices jumped more than 4.5 per cent on Thursday after a rally in equity markets and an unexpected fall in US crude inventories, but worries over the Chinese economy and a global oil glut kept the outlook uncertain. World stoc

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Oil marks fresh 6-1/2-year lows on China, oversupply

Brent and US crude oil futures hit fresh 6-1/2-year lows on Monday to drop below the latest supports of $45 a barrel and $40 a barrel each as investors fretted that a slowing Chinese economy will lead to weaker demand amid a global supply surplu

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Oil plunges 2pc in worst weekly losing streak in 30 years

US oil prices traded below $40 a barrel for the first time since the 2009 financial crisis, ending 2 per cent lower on Friday on signs of US oversupply and weak Chinese manufacturing and notching the longest weekly losing streak in almost three

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Oil prices fall on oversupply, poor China data

Crude oil futures fell on Monday in early Asian trading, touching fresh multi-month lows after disappointing data from China over the weekend showed exports tumbled in the world's second-largest economy. Exports fell 8.3 per c

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Oil edges up after 5pc fall, but outlook weak

Oil prices edged up in early Asian trading on Tuesday following a 5 per cent fall in the previous session, as high global production and a weakening economic outlook, especially in Asia, prompted analysts to warn of further falls.

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Oil falls on glut fears, weaker dollar support

Oil prices fell in Asian trade on Wednesday as concerns over global oversupply outweighed the impact of a likely larger than expected draw in US crude stocks and a weakening dollar. Asian investors focused on OPEC production figur

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Oil hits 4-month low on China, glut worries

Oil prices fell close to four-month lows in early Asian trade on Tuesday after stock market sell-offs on both sides of the Pacific rattled investor sentiment about the Chinese economy, adding to concerns about a global oil glut. B

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Oil hits 4-month low on China, glut worries

Oil prices fell close to four-month lows in early Asian trade on Tuesday after stock market sell-offs on both sides of the Pacific rattled investor sentiment about the Chinese economy, adding to concerns about a global oil glut. B

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Oil hits lowest since March on glut fears

Oil prices fell on Monday after closing the previous session at their lowest levels since March on renewed oversupply concerns from the United States and Iraq, although a weaker dollar helped to limit deeper losses. Investors are

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