iPhone | iPad
Android
HuaweiNEW YORK - Oil prices rose on Tuesday as hopes that the European Central Bank will act to contain the region’s debt crisis boosted crude futures and sent the euro to a seven-week peak versus the dollar.
KT APPDOWNLOAD
MORE FROM Energy
SINGAPORE - Brent crude inched up on Tuesday, b ut prices stayed below $114 a barrel as investors sought clarity on policies to help the euro zone after the European Central Bank quashed speculation about further steps to contain the debt crisis.
LONDON - Brent crude oil rose to around $114 per barrel on Monday, supported by tight North Sea supplies ahead of the closure of a key UK oilfield for maintenance and on expectations of more demand before the northern hemisphere winter.
LONDON — World oil prices fell on Friday on profit-taking following recent gains which saw New York and Brent crude hit three-month highs, analysts said.
BANGKOK — Oil fell to near $93 a barrel on Wednesday in Asia after a rise in oil supplies offset US retail sales data showing Americans spending more.
SINGAPORE - Brent crude held steady above $113 per barrel on Tuesday as investors awaited economic growth data out of Europe to gauge the region’s energy demand outlook, while escalating tensions in the Middle East supported prices.
LONDON - Oil fell to around $112 a barrel on Friday as a slowdown in China’s trade flows and weaker forecasts from the International Energy Agency added to concern about demand, offsetting hopes of stimulus measures aimed at lifting global growth.
LONDON - Oil demand will rise more slowly than expected next year as economic growth falters, pushing up stockpiles of fuel worldwide and offering some relief to consumers facing high prices.
Crude was lower in Asia on Friday as weak Chinese trade data provided a further indication that economic growth in the world’s largest energy consumer is slowing, analysts said.
Dana Gas and its biggest shareholder and partner, Crescent Petroleum, invested $963 million in the Kurdish region of Iraq by the end of June.