Energy

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 »

Brent above $108 as U.S. oil slips back from parity

Brent held above $108 a barrel on Monday while U.S. oil futures declined ahead of a contract expiry, widening the spread between the two benchmarks FULL STORY »

US crude oil trades above Brent for first time in 3 years

U.S. oil futures traded above the global crude-market benchmark, North Sea Brent, for the first time since 2010 on Friday as signs of strong demand from U.S. refiners boosted spread trading and bets that the era of the U.S. discount was ending. FULL STORY »

Oil rises around $109 on demand growth prospects

Oil climbed to around $109 a barrel on both sides of the Atlantic on Friday after economic data and a sharp decline in U.S. crude stockpiles signalled stronger demand for fuel in the world's top oil consumer. FULL STORY »

US crude hits 16-month high above $108

U.S. crude oil hit its highest level in 16 months on Thursday, rising above $108 a barrel on signs of a stronger U.S. economy and shrinking its discount to North Sea Brent to the narrowest in almost three years. FULL STORY »

US crude hits 16-month high, Brent-WTI spread near $1

U.S. crude oil hit the highest level in 16 months on Thursday, rising above $108 a barrel on signs of a strengthening economy in the United States and narrowing its discount to North Sea Brent to the lowest in almost three years. FULL STORY »

Oil rises as U.S. inventories drop again, gasoline off

Brent crude inched higher on Wednesday while gasoline prices fell slightly after the U.S. Energy Information Administration reported further draws in American crude stockpiles and larger-than-expected increases in gasoline inventories. FULL STORY »

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