Energy

Oil slides, Brent/WTI unwinds as rally seen excessive

Oil slipped on Tuesday and the spread between WTI crude and Brent widened as traders bet that the fund-fuelled rapid run-up in U.S. prices had gone too far, while some held tight ahead of a Federal Reserve meeting. FULL STORY »

Brent crude eases towards $107 on growth concerns

Brent crude eased towards $107 a barrel on Tuesday as investors worried that a slower global economy would dampen oil demand, but supply outages in major oil producers kept losses in check. FULL STORY »

Oil steadies after weekly slide, Europe outages support

Brent crude nudged higher on Monday as supply disruptions in Europe helped halt last week's losses, while cautious investors waited for the results of this week's U.S. Federal Reserve meeting. FULL STORY »

Oil steady over $107 on supply disruptions, dollar

Brent crude oil steadied above $107 a barrel on Monday as a weaker dollar and fears over supply disruptions balanced concerns about global growth and the prospects for oil demand. FULL STORY »

Oil slips towards $107 on demand worries

Brent crude oil fell towards $107 per barrel on Friday on worries over a looming Chinese economic slowdown and decades-high oil output in the United States. FULL STORY »

Crude oil inventories decline at record rate

During the recent Tour de France bicycle race, fans saw that the steep descents were as challenging and interesting as the steep climbs. FULL STORY »

Brent oil eases on Chinese data, rising U.S. output

Brent oil slipped below $107 a barrel on Thursday after weak Chinese economic data dimmed the outlook for fuel demand in the world's No. 2 oil consumer and U.S. crude output reached the highest rate in more than two decades. FULL STORY »

Oil falls below $108 as China manufacturing slows

Brent crude oil fell towards $107 on Wednesday as weak China data renewed concerns over demand growth from the world's second-biggest oil consumer, although falls in U.S. refined product and crude stocks helped stem losses. FULL STORY »

Oil rises in volatile spread trading

Oil futures edged higher on Tuesday in volatile trading in the closely watched spread between international benchmark Brent and U.S. crude oil futures. FULL STORY »

Brent oil rises on China optimism, U.S. crude falls

Brent crude oil gained slightly on Tuesday, above $108 per barrel, lifted by optimism on the Chinese economy and on worries about lower supply. FULL STORY »

Brent rises slightly, profit-taking cools WTI rally

U.S. oil prices pulled back sharply from last week's 16-month high on Monday as traders locked in profits from a blistering rally that briefly sent U.S. crude to a premium over Brent for the first time in nearly three years. FULL STORY »

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