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| | | ... price of crude plunged again in overnight trade. The per barrel price of WTI oil declined by 5.3% to US$45.80 and that of Brent closed 5.8% lower to US$47.20. This is bad, according to Marketfield Asset Management CEO Michael Shaoul. "Either there is ... |
| | | | ... asset classes." This is true for oil - that good news being spun as bad news. It doesn't matter what measure you track (Brent or West Texas Intermediate), the price of crude oil has nearly halved last year. And less than two weeks on since the start ... |
| | | | ... and their economies and transmit this weakness other economies and markets, etcetera, etcetera... etcetera. We're doomed! Brent and WTI oil prices fell further at the end of last week's trading - Brent down US$61.85 a barrel and WTI down to US$57.81 ... |
| | | | ... further hit by news that commercial crude stockpiles had risen unexpectedly last week in the United States, traders said. Brent North Sea crude fell under $US65 ($A70) a barrel to reach its lowest level since July 2009. London's benchmark FTSE 100 slipped ... |
| | | | ... jump overnight reflects the sudden attack of the jitters in financial markets. Oil's doing the limbo (how low can you go?). Brent oil dropped by 4.2% to a five-year low of US$66.14 a barrel; WTI oil's down 4.3% to US$63.04 per barrel, also a five-year ... |
| | | | ... 6,672.15. The Paris CAC 40 dropped 1.00 per cent to 4,375.48, while Frankfurt's DAX 30 declined by 0.72 per cent to 10,014.99. Brent North Sea crude hit a fresh five-year low at $US65.93 a barrel and the European single currency fell to $US1.2247 - the ... |
| | | | Brent oil up 4.0% to US$72.94 a barrel; WTI oil up 4.9% to US$69.36 a barrel. Is this it? Have we reached bottom oil? Is this the sliding slippery stuff's equilibrium price? Or just a dead feline bounce? As Bob Dylan would sing to you, "the answer my ... |
| | | | The share market is weaker as another fall in oil prices hits energy stocks. The Brent price of crude oil has touched a fresh four-and-a-half year low after OPEC nations shied away from cutting production to deal with a global oversupply. "The price ... |
| | | | ... this year, but 'twas only last week when the headlines splattered oil all over our faces and onto market consciousness. Brent oil prices peaked at US$115.06 a barrel on 23 June. They've sank by 35.3% to US$74.40 as at last Friday's close. WTI oil prices ... |
| | | | ... in Frankfurt the DAX 30 added 0.06 per cent to 9,980.85 and Paris's CAC 40 rose 0.18 per cent to 4,390.18 points. London Brent oil for January delivery sank early on Friday to $US71.12 per barrel - hitting the lowest level since July 7, 2010. US benchmark ... |
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