SINGAPORE Crude oil markets recovered slightly on Tuesday after a 6 percent drop in the prior session, although prices held near 6-1/2-year lows as continued weakness in Chinese equities triggered fears of an economic tailspin in the region. While global marke... More »
NEW YORK Oil ended up on Wednesday as a weaker dollar and lower U.S. crude stockpiles provided a modest bounce off six-year lows hit the previous session, when worries about China’s plummeting currency and economic slowdown deflated prices. Concerns that U.S. ... More »
SINGAPORE Oil extended losses to multi-month lows on Monday on worries of oversupply as OPEC pumped at record levels in July, while weak China data stoked concerns about slower growth at the world’s second largest oil consumer. Oil output by the Organization o... More »
LONDON Oil prices tumbled on Monday as Iran and six world powers closed in on a final nuclear deal that would end sanctions on the Islamic Republic and let more Iranian oil on to world markets. News of a unanimous agreement by European leaders on a bailout loa... More »
SINGAPORE Crude oil prices steadied on Tuesday, after posting one of their biggest selloffs this year in the previous session over Greece’s rejection of debt bailout terms and China’s ongoing stock market woes. Front-month U.S. crude futures CLc1 were trading ... More »
TOKYO Oil futures hovered below three-week lows on Tuesday as investors waited for developments in Greece following a bank shutdown, keeping them away from riskier assets and putting Brent crude on course for a second month of declines. Brent crude futures wer... More »
