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ReutersOil ends down nearly 5 percent on Brexit worry, supply buildsReutersIn Libya, where oil output has slowed to a trickle due to conflict, the National Oil Corp agreed to merge with its domestic rival, raising hopes the OPEC member could start to pump
Admin 06.07.2016 0 67

ReutersOil down 5 percent; biggest drop since Feb on Brexit, supply buildsReutersIn Libya, where oil output has slowed to a trickle due to conflict, the National Oil Corp agreed to merge with its domestic rival, raising hopes the OPEC member could start to
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ReutersOil slumps 4 percent on global economic jitters, supply buildsReutersTraders said oil prices were also pressured by data from market intelligence firm Genscape showing a build of 230,025 barrels at the Cushing, Oklahoma storage hub for U.S. crude fu
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ReutersOil falls below $49 on economic jitters, ample supplyReutersLONDON Oil fell below $49 a barrel on Tuesday, pressured by concerns that a potential slowdown in economic growth could sap demand and by persistent signs of abundant supply despite another
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ReutersOil falls to $49 on economic concerns, ample supplyReuters"Asia has been relatively weak and China is not providing much support," said Olivier Jakob, oil analyst at Petromatrix, who also said weak refined products were pressuring crude. &
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Financial TimesLibyan official says oil merger removes obstacle for government unificationFinancial TimesA top Libyan oil official has said an agreement to unify the energy sector could pave the way for reconciliation between rival governments and higher c
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ReutersOil falls below $50 on economic concernsReutersLONDON Oil fell below $50 a barrel on Tuesday as concern about a potential slowdown in economic growth that would weigh on demand trumped supply outages in Nigeria and other exporting nations. Trade in
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ReutersOil prices dip on economic concerns, demand worriesReuters"The deterioration in the global economic outlook, financial market uncertainty and ripple effects on key areas of oil demand growth are likely to exacerbate already-lacklustre industria
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Business Insider NordicNorway oil workers agree wage deal, avoid strikeReutersA conflict would initially have capped Norway's daily oil and natural gas output by 229,000 barrels of oil equivalents. "We've beaten back all attempts at weakening
Admin 02.07.2016 0 69

ReutersOil jumps on pre-holiday buying, Brent up 4 percent on weekReutersThe market shook off a closely-followed industry report that showed a fourth weekly rise in the last five in the number of U.S. oil rigs operating. According to oil services firm Bake
Admin 02.07.2016 0 61