Middle East Supply

Oil prices fall after weak Chinese data

US benchmark West Texas Intermediate for October delivery eased USD 1.06 to USD 91.21

Sep 15, 2014, 09:03 AM IST

Brent holds above $98 on Mideast concerns; oversupply worries cap gains

US crude fell 8 cents to $91.59 after falling to $91.22 in the previous day, the lowest since May 2, 2013.

Sep 11, 2014, 12:01 PM IST

Brent slips but holds above $100 on OPEC output cut hopes

Expectations of production cuts by the Organization of the Petroleum Exporting Countries come as Gulf Arab oil ministers gather on Thursday in Kuwait for an annual meeting which could include discussion about price levels.

Sep 09, 2014, 11:37 AM IST

Brent crude falls towards $102 as demand concerns outweigh Libya unrest

Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest in OPEC oil producer Libya kept losses in check.

Sep 02, 2014, 13:53 PM IST

Oil prices up in Asian trade

A decline in inventories typically indicates strong demand, sending prices higher.

Jul 16, 2014, 09:12 AM IST