ReutersOil slides 3 percent, hits one-month low as dollar jumpsReuters"With no new supply interruptions occurring and the U.K. vote looming, oil is not likely to stage a new upward leg in the short term," said Dominick Chirichella, senior partner …
ReutersOil at one-month low as dollar jumps, US crude draws uninspiringReutersAlso weighing on the oil complex were uninspiring drawdown data on U.S. crude inventories in spite of peak summer driving demand in the United States. [EIA/S]. Brent crude future …
ReutersOil slides for fifth day as Brexit and inventory builds biteReutersLONDON Oil prices fell for a fifth day on Wednesday, their longest losing streak since February, knocked by mounting concerns about Britain's possible exit from the European Unio …
Financial TimesOil industry's $1tn spending cut raises fears over future supplyFinancial TimesOil and gas companies will spend $1tn less on finding and developing reserves between 2015-2020 because of the crude price crash, a leading consultancy says, …
ReutersOil falls on US crude build, Brexit riskReutersThe referendum-related concerns eclipsed an upbeat forecast for oil demand growth from the International Energy Agency (IEA), which said the oil market is essentially balanced after two years of surplus …
ReutersOil slides as rising chance of Brexit spooks investorsReuters"Even as both OPEC and the International Energy Agency talk about a tighter oil market, fear of the fallout from a UK exit from the euro zone is throwing global markets into a tizzy,& …
Aljazeera.comVenezuela: Oil shock and economic catastropheAljazeera.comOil is Venezuela's lifeline. Ever since it was first pumped in 1914, oil has found a way of permeating every aspect of Venezuelan life. Initially it helped the backward, malaria-inf …
ReutersOil falls as Brexit threat rattles marketsReuters"The risk-off mood that has been pervasive in the markets in the last few days has taken hold of oil prices, with weakness in Asian markets and a strong dollar contributing to Brent crude drippin …
ReutersOil futures fall as global growth, Brexit concerns weighReutersTOKYO Crude oil futures fell in Asian trade on Tuesday, as investors ignored signs of market tightness to focus on concerns over global growth and overnight declines in stocks on the imp …
ReutersOil hits eight-month highs on US inventory draw, China importsReutersThe market inched higher after Chinese trade data showed that its exports fell more than expected in May, but imports beat forecasts, adding to hopes that the economy of the world& …