Saturday 27 December 2014
 
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Crude stocks

Oil edges above $100 on Opec output cut hopes

Brent crude eased for a fourth straight session on Tuesday but held above $100 a barrel after dropping below that level on the previous day for the first time in 16 months, with prices supported by hopes of production cuts by Opec.

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Brent steady above $108 on demand growth hopes

Brent held above $108 a barrel on Friday, hovering near a three-month high on hopes of a steady recovery in U.S. demand following strong economic data and reassuring comments from the Federal Reserve on monetary stimulus. New clai

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Brent falls near $112 on Iran-West tensions

Brent crude fell toward $112 a barrel on Friday as unabated euro zone debt woes and a surprise build in US oil stockpiles tempered gains from fears of supply disruption on mounting tensions between Iran and the West. Investors are treading

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Oil falls on large crude stocks build

US crude futures fell on Wednesday, heading for a decline of 7.7 per cent in their biggest monthly loss since May, on fears that another recession in the United States and a debt crisis in the euro zone could cut fuel demand. An industry r

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