Thursday 30 July 2015
 
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oil price

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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Oil drops on stronger dollar, ample supply

Oil prices edged lower on Tuesday, dragged down by a firm dollar and ample supply of both crude and refined products. Expectations of more Iranian supply following a nuclear deal and concerns that economic worries in China and Eur

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Oil rises after US stock draw, outlook still bearish

Oil prices rose on Thursday morning after data showed that US crude inventories dropped and refinery demand was high, although the outlook remains for cheap oil as oversupply persists. US crude inventories fell 4.3 million barrels

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Oil edges up as Iran exports likely to take time

Oil prices rose on Wednesday as traders expect a delay in Iranian crude supplies returning to the market after Tehran and six world powers reached a nuclear compromise, but analysts said prices would still remain low due to oversupply.

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Oil prices fall over 'imminent' Iran deal

Oil prices dipped early on Tuesday as the market awaited an announcement on a nuclear deal between Iran and six global powers that could see an easing of sanctions against Tehran and a gradual increase of its oil exports. Sources

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Oil prices tumble as Iran nuclear deal seems imminent

Oil prices tumbled on Monday as Iran and six world powers were close to nailing down a nuclear deal and European leaders failed to agree a Greek bailout, taking the euro zone's debt crisis into another week. The possibility of

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Oil prices tumble as Iran nuclear deal seems imminent

Oil prices tumbled on Monday as Iran and six world powers were close to nailing down a nuclear deal and European leaders failed to agree a Greek bailout, taking the euro zone's debt crisis into another week. The possibility of

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