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Showing 41 - 50 of 55 results for "Brent oil"

Oil slip

BENJAMIN ONG  |  TUESDAY, 8 DEC 2015
... the decision that sent oil prices down to 6-year lows. WTI oil dropped by 5.8% to US$37.65 per barrel and the price of Brent oil slipped by 5.3% to US$40.73 a barrel - both their lowest closings since February 2009. Most of the market "doesn't have any ...

A$ at 80c

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2015
... low of US$47.08 in early April - a 27.2% jump. So too have oil prices. While lower overnight, at US$64.64 per barrel, Brent oil's still up 36.9% from the January low of US$47.22. WTI oil is up 31.2% to US$56.94 from the US$43.39 hit around the middle ...

"Patient" is the (key)word

BENJAMIN ONG  |  TUESDAY, 17 MAR 2015
... that went, "US equities sell off as oil prices tumbles" or something like that? Last night's numbers show both WTI and Brent oil prices dropping by 2.3% but instead of declining in sympathy, the Dow closed up 1.3% and the S&P 500 ended 1.4% higher (the ...

The Grinch is stealing Christmas

BENJAMIN ONG  |  TUESDAY, 9 DEC 2014
... 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 low. ...

Slides can be fun too

BENJAMIN ONG  |  TUESDAY, 2 DEC 2014
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 ...

From oil at US$300 to oil at US$30

BENJAMIN ONG  |  MONDAY, 1 DEC 2014
... 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 ...

Market Wrap AM

AAP  |  MONDAY, 1 DEC 2014
... 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 ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
... have less favourable costs. They cannot afford for the oil price to sag as it has been doing in recent months: the main Brent oil benchmark is now at a four-year low." Where oil prices go between now and the next OPEC meet in June next year is anybody's ...

Why the eurozone cannot afford cheap oil

BENJAMIN ONG  |  WEDNESDAY, 5 NOV 2014
... Energy Agency's (IEA) prediction of increased supply and reduced demand for the commodity. That was on 15 October when Brent oil prices plummeted 22.3% to US$86.66 a barrel from their 2014 open and WTI oil dropped 16.4% to US$82.25 per barrel. Last night ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2014
... fruition. My database shows that no matter which measure of the slimy stuff you're tracking oil prices are down - big time. Brent oil prices are down by 22.3% to US$86.66 a barrel this year to date. WTI oil is down 16.4% to US$82.25 per barrel. According ...