Tuesday 29 July 2014
US stockpiles

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


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


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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