Brent crude oil increased more than 1 percent on Monday, exceeding $105 a barrel in choppy trade as Israeli air strikes on Syria triggered worries about Middle East supply to trump fears that global economic weakness may slash demand.
read more... 07/05/2013
Brent crude oil closed near $100 a barrel on Thursday, trading close to two-week lows reached in the previous sessions, dragged down by intensifying worries about the U.S. and Chinese economies which clouded the outlook for oil demand from the top two consumers.
read more... 03/05/2013
Crude oil futures dropped over 2 percent to end below $100 a barrel on Wednesday on pessimistic data from China which increased fears about world demand outlook and on a record level increase in U.S. crude oil inventories.
read more... 02/05/2013
Crude oil futures boosted on Monday on optimistic expectations of further stimulus on both sides of the Atlantic, while U.S. crude extended gains on signs of improving demand and increasing exports.
read more... 30/04/2013
Brent and U.S. crude oil futures turned lower on Thursday in choppy trading following reports indicating that the future economic activity dropped in March and factory activity in the mid-Atlantic region eased in April.
read more... 19/04/2013