Sunday 26 June 2016
 
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oil price

Oil prices dive as Britain votes to leave EU

Oil prices slumped by more than 6 per cent on Friday after Britain voted to leave the European Union, raising fears of a broader economic slowdown that could reduce demand for oil. Financial markets have been worried for months ab

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Oil prices dive as Britain votes to leave EU

Oil prices slumped by more than 6 per cent on Friday after Britain voted to leave the European Union, raising fears of a broader economic slowdown that could reduce demand for oil. Financial markets have been worried for months ab

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Oil rises as markets on edge ahead of Brexit vote

Oil prices rose in Asian trading on Thursday, shrugging off a smaller-than-expected decline in U.S. stockpiles, as the market nervously awaited the result of Britain's "Brexit" vote. Trading has been choppy in the ru

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Oil prices fall for first time in three days

Oil prices fell in Asian trade on Tuesday after a strong two-day rally that was fed by easing concerns Britain would leave the European Union after a referendum this week, allowing market participants to focus on supply issues. US

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Oil extends gains as Brexit fears ease

Oil prices extended gains on Monday as a weaker dollar and easing worries over Britain's possible exit from the European Union helped buy back the commodity after six straight days of declines. London Brent crude for August de

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Oil extends gains as Brexit fears ease

Oil prices extended gains on Monday as a weaker dollar and easing worries over Britain's possible exit from the European Union helped buy back the commodity after six straight days of declines. London Brent crude for August de

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Qatar sees at least three years of budget deficits

Qatar's government expects to run a budget deficit for at least three years as low natural gas and oil prices weigh on its revenues, the Ministry of Development Planning and Statistics said on Saturday. In a long-term report o

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Oil drops on profit taking after hitting 2016 highs

Oil prices edged lower on Thursday as traders took profits after three sessions of gains, though prices remained close to their highest this year thanks to a fall in US crude inventories and supply disruptions. International Brent

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Oil hits 8-month high on supply disruptions

Oil prices jumped to their highest level in eight months on Wednesday, rising for a third consecutive session on supply disruptions in Nigeria and strong Chinese demand data. There was also a larger-than-expected drop in U.S. crud

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Oil hits 8-month high on supply disruptions

Oil prices jumped to their highest level in eight months on Wednesday, rising for a third consecutive session on supply disruptions in Nigeria and strong Chinese demand data. There was also a larger-than-expected drop in U.S. crud

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