Thursday 2 April 2015
 
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US stockpiles

Oil near 6-year low as US stockpiles hit record high

Oil remained weak in Asia on Thursday after data showing record US stockpiles sent prices tumbling to the lowest level in nearly six years in the previous session and analysts said a global glut would continue to keep the market under pressure.

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Oil slides again, hits April 2009 lows

Global oil markets resumed their slide on Friday, with Brent and US crude hitting April 2009 lows and ending down for a seventh straight week, although prices recovered from their lows after a sharp drop in the US oil rig count. B

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Brent hits 4-month low on ample supply, Iran talks

Brent crude fell towards $104 a barrel on Thursday to a fresh four month low as plentiful supplies and continued progress in talks between Iran and the West over Tehran's disputed nuclear programme weighed on prices. Investors

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Oil rises above $104 on Mideast risk, equities

Brent crude oil moved above $104 per barrel on Tuesday, supported by stronger equities markets and rising Middle East risk but held back by ample supplies and concern over fuel demand as global economic growth remains tepid. Europ

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Oil falls on high US crude stockpiles

Oil prices fell as increasing stockpiles of crude and oil products in the US undercut the economic optimism that boosted equities markets. Front-month US crude futures fell 76 cents to settle at $70.04 a barrel, erasing gains from earlier.

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